Gerald O'Brien
Quiet Title Lawsuit - Philadelphia PA - -
As will be obvious I am a real estate novice. I’m looking for suggestions on how to address a civil suit that has been filed against me. The suit is seeking to “Quiet Title”. The property involved, 1528 Leithgow St. P...
Scott R.
Quit Claim deed 2 avoid investment property over 2ndhome mortgage
Hi,So my father has a mortgage on a 2nd home (cabin) in north georgia (we live in Atlanta). He's looking to get another one, but it seems like if it's in the same region the lender's underwriter will deem it an invest...
Ted Bozoukov
loss of rent coverage Farmers
My insurance (Farmers) accepted claim for flood damage. Kitchen had to be completely redone which took 2.5 months. I reduced rent to account for unusable kitchen. Tenants left after 1 month in the repairs after paying...
Jesse Ramirez
90% cap rate even possible?
Found a 20 unit multi family complex for sale. Broker claims the cap rate is at 90%. Hmmm.......sounds fishy
Cyle Lublin
REO in Michigan: I won on Auction.com...now the fun starts...
So I won an auction on Auction.com for $51,500 cash (comps in the area are 75-85k for a similar home).Here's a synopsis of my situation:I intend on living in this house.The "bank" selling the home is transferring the ...
Yuriy T.
Interesting question (at least to me)
Hello,I am complete newbie. I was reading BP for weeks and educating myself.I am looking now for one foreclosing property here in OH and probably will try to buy it for rental purpose after rehab. it has an attractive...
Cheyenne Davis
Probate purchase with title error - need advice
Scenario: we purchased two properties from the same seller on the same day. Houses went through probate already. We closed with title agency and got title insurance. We're now reselling one of the houses and have foun...
Cheyenne Davis
Legal issue regarding title transfer and probate
Scenario: we purchased two properties from the same seller on the same day. Houses went through probate already. We closed with title agency and got title insurance. We're now reselling one of the houses and have foun...
Fili Aguirre
Question about running background checks
I've heard that you should you only run background checks one at a time. What's your opinion on this? Should I do it that way? Or run several and let the applications know that they're competing and that I'll choose t...
Jordan Roberts
Umbrella Policy vs. General Commercial Liability
Hello,
Insurance has always been difficult for me to understand and I feel like it's all a scam anyway (since they always find ways out of covering stuff). Can someone explain to me the difference between having a $1...