I am making a private loan to a corporation(contractor) secured by a 2nd deed of trust. It is a 6 month rehab project. What documents should I require from the borrower? Can I go after corporation's assets if the bor...
When it comes to tenant screening, I usually always follow the best practices. Income 3 times rent, no eviction (ever), no major criminal background, good rental history and references, decent credit etc etc. I am cur...
My friends have a house in Baltimore City that they've been renting out for less than a year. Their tenants broke the lease early and talked the owners into having their parents move in immediately after. This all unf...
Got a tax assessment notice in the mail today. Basically says it’s not a tax bill but that assessments are done every four years. There is a way to do an informal appeal and then an actual appeal. I don’t know that...
Hello
I was just looking at foreclosures in my hometown of Bristol, CT and was wondering if someone could answer this for me. I pasted the description of some property I found on yahoo's real estate search engine.
...
Hi:
Great site! I have been lurking for a while and have already learned a lot.
And thanks to the many veterans who willingly share their expertise with us newbies. Hopefully one day I can return the favor.
My Busi...
Here is the story. I own 2 investment properties in NJ. One is generally new (i used a heloc on my primary for the downpayment.), and the another i bought in 2011 for 335k have a 15 year fixed at 3.375, and the proper...
Hello,I’m still new and learning as much as I can so I appreciate all feedback and thoughts anyone would like to share. I am ready to purchase another rental property (my second) but like so many am in a very hot mark...
I have been working on purchasing a property for 6+ months which has been stuck in foreclosure limbo for 2½ years. The owners are deceased and the heirs wanted no part of it. They actually signed affidavits with the b...
Hello, so my wife and I have been in the process of buying our first investment property (Duplex) so that we could live on one side while renting the other side out. The closing date is 9/19.However, today I ran into ...