You are probably asking: What is a wholesaling business? I’m sure that if you are on Bigger Pockets, then you already know what wholesaling is. Now imagine you had an endless supply of properties to wholesale… how yo...
This is going to sound like a bad soap opera, but here goes...
What happens if you have a property sold on seller financing and the buyer uses it as a rental. BUT... the buyer turns out to be a slumlord who is allowi...
Hello,My tenant just let us know that her son (11 months) just tested positive for lead poisoning. We also live there and just had a baby 5 months ago and she advised us that we need to get our son tested ASAP (it is ...
Hey Florida BP-er's,I heard that if someone has been filed for foreclosure in Florida, who is also an owner occupant, you CAN NOT take over their existing loan subject-to...Can someone verify?Thanks,Jordan
So my buyer was denied his loan after BofA (Bunch of @$$ho13z) screwed up his loan application and delayed the closing for three weeks. After he did everything they asked for and demanded. They even emailed him that t...
I've been dealing with a couple of property sales for the past few months and have horror stories to share! I won't get into all of the details, but in essence, in both sales, I've got HIGHLY qualified buyers with gr...
To begin I will say that if you operate in a State that requires that Landlords always be represented by a Lawyer none of my experiences or practices may apply. In our jurisdiction Landlords are not required to have l...
Joe,
Bad news – Texas has a law that I was not aware of that prohibits wage garnishments. Please see the attached.
I’ve done a little research, and this seems to be a bad law, or at least a bad interpr...
I recently had an issue with the power going out in a Chicago unit of mine. ComEd turned the power off due to non-payment(though ComEd never warned me or tenants which they are required to do by Illinois law), but I h...
Ok - I just dont get it...If a seller carries the second, does that mean he is actually taking out a mortgage for like 20% so that you pay only 80? Or that he's cashing out 20% and giving it to you, or what?
Is it som...