Nick Campbell
Making sure my loan is forgiven
My home is currently going through a short sale with two mortgages. It seems they will both be forgiven. I don't have the money for a lawyer, but want to make sure that the bank or a collection company can't come afte...
Brian M.
Deed Restrictions and Transfer Date
I have a 2 part question on deed restrictions. Here is the language in the BOA/HAFA short sale addendum (paraphrased):
No transfers for 30 calendar days. No selling for a gross sales price greater than 120%...
Jan Neruh Kelsey
Recommendations on organizational tools/spreadsheets for rehabs/flips
New BP Pro member here. Does anyone have any recommendations, or even better any spreadsheets, excel or web-based, they use to keep track of all construction expenses for Flip/BRRRR properties? I BRRRR several prope...
Becky Watkins
Refinancing & Depreciation
I refinanced my owner-occupied multifamily rental property last year and now I'm struggling on exactly how to report the closing costs. I have tried researching previous posts and other sources, but I haven't found an...
Zach Fox
My First Eviction! Help! I need some perspective.
I'll try to provide a quick summary. Tenant fell behind 2 months rent, so I started the eviction process in May. The property is in Hoffman Estates, IL. The tenant avoided being "served" by the sheriff, so we served b...
Sarah M.
I bought a house! Now how do I get the money out to BURRRR it?
Hello! Thanks to you guys I just purchased a rental property in Minnesota! It's a SFR bought for 60k cash. It appraised for 90k. My questions are: 1 - What are my options to get the money out to do the BURRRR method?...
Luis Bravo
Real estate deal is listed with an agent.
what would i tell a motivated seller that has their property listed with an agent?
Margaret Rodriguez
New Owner of FHA tenant occupied duplex. Need advise.
Hello all!
I'm in the process of purchasing a Montgomery County, Pennsylvania property with an FHA mortgage (owner must occupied)
Need to move in within 60 days of closing.
Two current tenants with the same lease sta...
Joe Cassandra
Bird dog rules in GA
My brother's landlord is looking to sell a distressed property. I want to give my brother a $2,500 referral fee for recommending and making the introduction. (I am not an agent, nor is my brother). What is the legal p...
Ken Seveur
Lied to by Seller! Help!
I just purchased a tenant-occupied home via Ashland Auctions in Baltimore, MD. Purchase process went fine, no issues. Listing said tenant is on-time, but on month-to-moth lease. I figured not a problem. Prior to purch...