Aaron Millis
Fellow landlord's opinion?
Hi BP,I am screening tenants for my college rental that will be available in the fall. I have a 4 bedroom house that I rent by the bedroom. I'm looking into 1 of the 4 potential tenants and see that his income comes u...
N/A N/A
Short sale for myself: UPDATE 2/8/07 Bnkrptcy issue. HELP.
I have been looking at a house for awhile, the house is likely headed to foreclosure, I am 90% sure an NOD has been received by homeowners.
I want to buy the house for my family, not flip it or anything.
House is lis...
Christopher Adkins
Land Trust
Hi Guys,I could really use some help on this one as I do not have a lot of experience with Land Trust.Here is the scenario from the owner:Or I can owner finance to a LLC or other entity, property stays in the land tru...
Jamey Waters
Diamond in the rough
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $8,500
Cash invested: $35,000
Purchased this as a foreclosure. Rehabbed and now a long-term rental.
What ...
Dave Bond
why do Fannie & Freddie prohibit lending to an llc?
I'm just trying to understand the specific stated reasoning for these institutions prohibition of lending to a corporation. Logically, I can deduce my own conclusions, just can't find any definitive answers. Just th...
Chris O.
Canada Specific - Tenant declaring bankruptcy - effect on rent?
I am starting a new lease with a tenant that is likely to declare bankruptcy on a underwater mortgage and consumer debt. That discussion aside, where does monthly rent fall in the equation? I know the security deposit...
Jr Teakell
Gathering Info on Foreclosed Property
There is a property in the area that I live that appears to be part of a bankruptcy . Im not 100% sure how to proceed on gathering information on this property. I found the law firm handing the bankruptcy, but they wi...
Heath Ryans
Short Sale the Only Option?
BP Community,I'm a new investor, pushing hard for my first deal. I have been logging some serious driving for dollars time and i have a list of approx 43 properties that i have mailed to in the past month. Well i got ...
Christian Malesic
Veto of Mortgage Relief Bill
HOT OFF THE PRESS: President Bush says he will not allow the Democrat bill to become law, as reported by the New York Times. I am glad. Your thoughts?
See link here:
http://www.nytimes.com/2008/02/27/business/27h...
Sean M.
Re-affirming an obligation post-Chapter 7
Question about re-affirming obligations under a Chapter 7. If a borrower has a mortgage and has cleared a Ch 7 bankruptcy, then makes a payment on the loan, have they re-affirmed the obligation, such that it now effe...