Jay L.
Does the Lender provide the LOI?
I am negotiating with an agent for a lender on an REO 5-unit bldg in Michigan. The bldg was originally listed for 130k with 3 units occupied. After about 4 mos on the market, it was discounted down to 50k with 1 unit ...
Jeff NA
How close to a FC sale can I start a SS?
It seems that I am having little success mailing to people within two or three days of the NOD being filed, and from the calls that I have generated I would hypothesize that this is because most people still think th...
Emily Olson
Finnally got out of Mayan timeshare
My husband and I traveled to the Grand Mayan Resort in may, 2014 for a week's vacation. We were asked to attend a breakfast the next morning, "to acquaint us with the property". Unfortunately we said "yes." We had no ...
David Triplo
Owner Occupancy Issue on Rented Out 3 Flat
I'm strongly considering buying my first 3 flat in Chicago and have an issue and not sure how to best approach it. Currently all 3 units are rented out through July of 2019. The one unit I would live in has a 75 day...
Juan Del Arco
Houston TX - Eviction Process Help ?
I am going to start an eviction this Monday, but I have a few questions: - I sent the 5-day notice to pay or quit last Monday, but I did not sign it. Can this be an issue?- I already completed all my forms (eviction p...
Account Closed
Escrow deposit money
What is the percent deposit for escrow account,They are asking me for 3.5% is that normal?
Michael Breedlove
Section 8 Lease Non Renewal Louisiana
Hey BP! I'm purchasing a 4 plex in Jefferson, La (just outside of new orleans) and all 4 units are currently occupied. Two of the units are on month to month leases. I will need to occupy one of these units once we c...
Michael Quarles
Season of Giving
Who did some charity work this year and what did ya do?
It seems that this time of year is all about receiving and giving to those we know and love however did anyone think about someone they dont know.
I thought i...
Shane Pico
Seller wont release EMD and is threatening to sue me
Hello all and thank you for any help!
I attempted to buy my first STR and it hasn't gone perfectly... But at least I've learned a lot so far! I am now at a place where it feels like I need a lawyer or at least some l...
Chris Mandle
Attorney review red flags
I am in attorney review on a 3 plex in Newark NJ. This will be my first investment property. Couple things are turning me off and curious if I am justified:
1) Property is fully occupied, but the seller does not have...