Diane G.
Can lender force me into foreclosure if I can't repay at maturity
I have a rental property that has a market value of $1.5M and $300K mortgage on it... The 10 year ARM is coming to maturity around 7/17, but I can't find a lender that still does that type of loan anymore (TIC for ren...
Josh Thomas
Fire Time Landlord: Would You Rent to These Tenants?
Hello All,I just received applications for our first tenants ever. They have passed all of our screens (criminal, credit, etc) and in general, I feel good about it. But there are some quirks:• It is 4 people total. A ...
Mara Witt
tenant says heat "not working right"
So here's the situation, tenant (has been there for a year and a half, month to month lease, never any problem except she doesn't pick up dog poop, which I have been way too lax on so far, because she has been a very ...
Ray Reed
inherited 85 year old tenant but rent is way below market
Hello BP,I recently closed on a 5 unit property where all of the units are way below market. With the current rents I am operating at a $200 monthly deficit. All of the residents are on month to month leases and this...
Erik R Aho
Looking to get into REI, starting with $140,000.
The thought of buying cash flowing rental properties interests me. However, I'm from Long Island, NY and cash-flowing deals are very hard to find. I'm considering purchasing out of state but don't know which markets I...
Jia Lin
Tenant Threatening Legal Action For Landlord Responses to Repairs
Hi All,Need some insight regarding some issues I'm experiencing with some tenants. I had a couple move in to my townhouse and in the few months they've been here there's been a series of repairs that were needed for t...
Sarah Lewis
Backed into a corner- Call tenant's bluff?
Before my tenants re-signed a year lease earlier this year, they wanted to sign an even longer lease that would end in late October next year. But, that's such a bad time to find a new tenant when a year lease would ...
John Thedford
Why YOU Should Become A Hard Money Lender
Why YOU should become a hard money lender:1. VERY limited risk if you underwrite properly2. returns up to 60% per anum or more3. easy easy investment--just collect mailbox money4. much LESS work than being a landlord5...
Joshua M.
Notes
I am curious about how an investor can profit from finding notes available for sale and essentially wholesaling them. Anyone have experience with this kind of scenario?
Maureen Hannan
I want to sell a private mortgage note
Hello All,
I would really welcome advice from anyone experienced in mortgage brokering. I hold the note on a home in Arlington, VA. The amount of the note is $420K, and the home is currently valued at roughly $450K....