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This is a long shot: A few months ago I read a post from a BP member showing a letter sent to tenants at risk for eviction. In this letter all negative consequences for the non paying tenant are explained in an easy t...
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In December of 2021 I bought a 6 plex with a 5/1Arm loan. Went 15% down on the 150k loan. Now with these interest rates rising I am getting a bit worried how it will all go after my 5 years are up. I know that I shou...
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Hello all,I would appreciate some feedback on this unusual situation concerning my tenant of 3 years. (Background , I own a small 4 family building. I have a rent drop box installed on the inside of the caller door wi...
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I have the opprotunity to purchase through owner finance a very large hotel/motel. The people that own it traded other properties for it, on the county records it says they purchased it for $1m. They told the realto...
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For much of this year, I've had my eye on picking up a property or two from an elderly woman who has several properties that have sat vacant for years. I hadn't talked to her about it yet, because I didn't have my fi...
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I have had it with Bank of america. They charge for everything possible right down to nickel and diming you for transactions that take five business days. As an investor quite frequently I need to wire funds to title ...
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As I was doing a court debt contract. I come across a client. Requiring help to stop the foreclosure to keep the home. As I am explaining there is too much knowledge to how to recover or settle the property and land t...
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Yes, that is the title is correct! A homeowner actually filed papers to foreclose on a Wells Fargo branch. Interesting reading, to say the least!
http://consumerist.com/2011/02/how-this-philly-homeowner-foreclosed-o...
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So I am need to investing and I see all these homes foreclosing or pre-foreclosing. The prices look great. But I am still figuring out my strategy on which carries the least amount of risk and the most reward.
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When I look at potential properties on Auction.com I see a decent amount of potential deals. Some of them are enticing because they are occupied multi-family forclosures or bank owned sales.One of the transaction det...