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Maine law states that security deposits must be held under terms that make the funds protected from bankruptcy and judgements against the landlord. Talking with my bank, they offer escrow accounts where funds belong t...
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Does anyone have any experience getting a second position line of credit or cash out (line of credit is preferred) on a commercial loan, or more specifically a package of single family homes? My situation is that I ha...
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Good Evening Bigger Pockets.In my research, I've read many fascinating opinions about forming a Forgein Entinty LLC in my state. Such as a Wyoming LLC doing business in New Jersey. Although, I do have to pay the fili...
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I need to learn more about asset protection in regards to real estate in PA. I have a small portfolio of single family rentals and I'm moving toward an asset protection plan. I am also in the process of doing estate ...
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So we have a unit available June 1st, it is very tough getting good tenants with the credit/background check and minimum screening requirements we have in place. So we did an open house and found a couple which pass a...
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Hi guys,I had a business that went under with heavy debts, some of them personal. I was unable to go the bankruptcy route and now have judgments against me from creditors. If/when I rebuild financially I was wondering...
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Hi All - just came across a seller who wishes to sell her home in foreclosure (under water). The surprising thing was that she filed chap. 13 BK and (according to her) wasn't allowed the option to save the home she's ...
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They were selling unregistered securities and operating a Ponzi Scheme! They not only used investor money to support their personal lifestyle, but Peer Street also hindered borrowers payoffs to keep charging more fees...
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I am a Fraud Examiner by trade. Since 1999 I have had the privilege of aiding attorneys and the general public in exposing lender or creditor fraud.
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Hi All,I don't know if I've ever posted on here. I'm an investor who is in the middle of my first hard money loan purchase. I was hoping I could use this process to buy 2 properties, but at the rate things are going, ...