Patrick Karbon
Should Note Holders Be Scared Of 'Walk-Away's?"
Hello All!
I don't know if this is a Market-Place question but I had a fellow investor express his concerns about selling his homes on Land Contract so I'd like to pose the question here, using our terms: Does our m...
Mike De Lota
Structuring STR Partnerships
My wife and I found a partner for an STR who is willing to to pay down payment, decor and rehab costs, while we would secure traditional financing (jumbo loan at a competitive rate), build a team in our vacation marke...
David F
Partnering By Paying in Full and Giving a Private Mortgage on 50%
I'm a Canadian that has been interested in putting some of my money to work in the US real estate market. I've been talking to a few contacts of mine that have had success with different strategies.
One of the peopl...
Michael Tesluck
Attempting to purchase my house from the bank..
I'm in this dilemma and cannot decide what to do. I'll try to quick and precise.
2 years ago, I went Bankrupt with the intentions on reaffirming my home that was underwater.
I owed 120,000 and the home ...
Benjamin Arritt
FRAUD Alert for People Who Buy Houses
I can tell you from firsthand experience that the current information available online regarding fraud and ID theft has not caught up with the tactics used by thieves. I am posting this now because the most recent sco...
Thor Camargo
Pet Deposit post-tenant move out
So I had tenants that have already moved out. During the last part of their stay - they brought in a dog, without any notice, claiming it was a service animal.Turns out the rental falls into an exception for the "serv...
Emily Liu
Should I accept this tenant?
I have a townhouse for rent. The rent is $1300 per month. She has a credit score of 747, and has a yearly income of about $100k. But she also has “recency of a balance over limit on a bank card account”, “bankcard acc...
Steve Huey
Multiple tenants for one rental
I have a rental townhome on the market. There are four tenants, all in their mid 20s. Three are qualified and one is not qualified. These tenants are two non-married couples. In the past, I’ve only rented to famili...
Account Closed
Does business credit/debt affect personal credit score/DTI?
I have an LLC for my real estate startup, but I have neither the capital to get it off the ground nor the credit score to secure funding. I have a potential partner who I am willing to sign on as a 50% partner in the...
Michael Strobel
Jumping in
Hi BP!So Im a newbie. I dont hide it. But today.....I just closed on my first deal. Oh...and I got paid to buy the house. Yep I closed on the house and got paid a check (over $1500) to buy it. Its a duplex. Its in a q...