I often buy using Subject To to buy properties. If you choose to use this technique these are some of the Pitfalls to watch out for.
Subject To Pitfalls
1. The bank can call the loan due (due on sale cause).
2. You...
So I have my first floor tenants who give me lots of problems. I am owner occupied 4 family and I live on the top. I have had to install 4 security cameras because of him. He has generally 25 people in and out of his ...
Hello,Has anyone worked with ReadyREI in Saginaw, Michigan?Is it normal that a Turnkey provider doesn't allow you to send your contractor to check the house before closing ?
So I bought a house cash and intent to flip it. It's a mess. The seller told me there is a rent paying tenant who has been in place for 22 years. Seller has no lease on file. He says the tenant owns several propertie...
Hello forum,
I am a leasing agent at a rather large property management company. We had a tenant that has been living in the same apartment for the last 11 years move out today. This tenant worked maintenance for o...
Hello All,I submitted a Contract Cancellation earlier today to the sellers agent and now they either want all my EMD or we take this to arbitration. We removed contingencies 8 days ago but we received an updated discl...
Fannie and Freddie are obviously doing a terrible job of assessing risk for borrowers with their mounds of prescribed paperwork. Apparently the Danes allow borrowers to access loans via the secondary market directly w...
Hi BP community!
I’m looking to see what options I might have to get my EM back.
I terminated the contract, 100% clean termination for a legit reason based on a contingency in a signed contract. The seller is total...
Well, he's fired now, but I'm still trying to clean up his mess.
In a matter of just 2 weeks on the job some issues arose and I'm not entirely sure what's legal or how to handle the situation.
The hired Property Mana...
I bought a SFR in a decent neighborhood on the east side. I am an out of state investor so I had to manage the project renovations while not being there. The contractor I hired did not do a good job and I feel like th...