A property manager in Florida just received an application from someone using something called a "Renter's Identification Number" instead of a social security number. They've researched it and discovered this new serv...
As quoted in the Napa Valley Register."As Napa city officials near a possible decision in the two-decade tug of war over 51 homes planned near Old Sonoma Road and Casswall Street, a developer on Tuesday again tried to...
This is my first experience with this, and to be honest, I'm panicking. A former tenant that just vacated a property I own is suing for multiple items and a large amount of money. Mostly on items they're claiming we...
I ask if flipping is dead, or at least dying? Here in the Phoenix, Arizona metro area, I have watched the margin on deals become slimmer and slimmer. During the past few years, television shows and seminars have flood...
Good Evening fellow BP members,Tonight I call on you to help me choose the best brokerage to sponsor me as I begin a career in Real Estate sales. Without getting into the whole spiel, about a year ago my business part...
Hi all,I'm very new to real estate investing - just joined BP in June and closed on my first rental property yesterday. It's a great SFH in an A area (Olathe, KS), inspection report came back very clean, everything lo...
Does anyone have any advice on getting a residential mortgage in the name of my LLC? I went to a broker and they said I wouldn't be able to do it, that I would have to get the mortgage in my name and buy the property...
Land Trust Assumable Loan?
So perusing things, I cam across this gem:
Making Loans “Assumable”. A non-assumable loan can become effectively assumed by using a land trust. The seller transfers title into a land trust...
After executing a contract with a seller and passing the inspection period the title search turned up a second mortgage that puts the seller under water on the property by something in the neighborhood of $50k.The con...
Got a call from a lady whose husband owned an Industrial Bldg on 9 acres . It had been used by her husband who operated several businesses . The actual building is 65,000 SQ feet . It has been vacant for 4 years other...