 Can a landlord under foreclosure evict non-paying tenants? |
If an owner of a condo is currently under foreclosure and his tenants find out and decide to stop paying him can he legally evict the renters?
Additional Details
Ok, it is not me not ... |
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 I have a lese with a tenant that does not include a cat she just called to say the cat is in the apt : options |
| She stated that she doesn't want to sway me in letting her keep the cat (I said no cats from the beginning) that she would figure out what to do if I said no. Wheter that would be getting rid ... |
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 How do people afford to pay rent when ..... ? |
| Hi is there anyone out there that has a full time job where you earn around £1000 amonth, which is like £250 living on your own and can afford to pay rent each week, and thats not taking out money ... |
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 What is a home equity loan? |
| i'm pre-approved for a home equity loan of up to 125,000.00. what exactly does this mean? (i realize this sounds like a dumb question)... |
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 First Time Buyer Utilities Question? |
| I am buying my first house, and will hopefully be moving in within a month or so, but I am unsure of what to do about the utility suppliers. The current owner has given me a list of all their current ... |
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 How does one buy real estate without any money? |
| I've heard many gurus talk about buying real estate with no money out of pocket. Is this really possible? I want to hear of a strategy that really works not something theoretical.... |
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 Police have forced a door open! Who gets the Bill?? |
Hey there!
I'm in the UK.
The police have forced a door open in a property I manage, at the request of a neighbour thinking the tenant was dead.
Turns out he�... |
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 Single mom with two boys and soon to be homless, please help!? |
| Can anyone tell me where I can rent for around $400 a month with a washer dryer included or at least a hookup in the Saint Louis County area or Fenton or Arnold area. I work on Tesson Ferry at a ... |
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 Can I change the locks on a house with a tenant living there? |
| I want to evict my tenants. Can I just change the locks? She signed a contract/lease a year ago stating that she was buying the house at the the end. It is now the end and not only did she not buy ... |
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 How to buy a house when you have the worst credit ever? |
| How can you buy a house or rent to own a home with the worst credit, no pay stubs or proof of income except a letter from the job maybe. But can afford to make the payments!... |
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 What is the best way to tell your landlord you are leaving? |
I LOVE my landlord but due to circumstances beyond my control, I have to move in with a friend.
I kind of told them when I moved in that I would stay until at least August but that can not ... |
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 Whenever looking at an apartment listing and it says 1200/2bdr does that mean 600 per person? |
I am talking about on Craigs list and such. Is it split between the two people or 1200 per bedroom?
Additional Details
As far as rent goes.... |
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 Can my landlord still charge me rent? |
| I moved into a house renting, with the option to buy in June. I had noticed black mold in the bathroom 3 weeks before I moved in and mentioned it to the landlord. I was told it'd be taken care ... |
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 Can I transfer my home into someone elses name? |
| My boyfriend and I are living in a home that is in my name. We agreed that if I can transfer into his name than I can move out. How can we do that?... |
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lily | How can my husband start flipping homes with no credit or money??? |
MY HUSBAND WANTS TO START FLIPPING HOMES . HE HAS THE KNOWLEDGE AND KNOW ALL ABOUT THE CONSTRUCTION WORLD . THE ONLY THING HE LACKS AT THIS MOMENT IS CREDIT AND MONEY TO START
PLEASE ANY ADVICE FROM AN INVESTOR ON HOW TO DO THAT WE LIVE IN HOUSTON TX THANK YOU |
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tanzer360
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He's been watching too many shows on TLC and A&E. If you haven't been keeping up on current events, there is a credit crunch in the US due the sub-prime mortages. He won't get any money to start without good credit. |
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?
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NO, TAKES MONEY TO MAKE MONEY |
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cfb193
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With lacking credit or money, you will have to find some one who wants to front the money, and then will want at lease 1/2 of any moneys made. |
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snwbm
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Build up your credit and save up some money.
The reason why I am saying this is if you buy a house, with no money, you must pay the mortgage, taxes, insurance, PMI insurance (from no down payment) and closing costs.
Then you must pay for supplies and repairs on the house.
Simply put, you are not financially ready for such an expensive, time consuming, risky business. |
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kate
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Knowing construction is only 1/2 the equation ,
You Must get totally educated on the finance / credit / money / costs issues to succeed .
Otherwise you are just a laborer playing outside your ball game .
Get your credit in good order and save up 20% down for a property , meanwhile , educate yourself on the RE market .
Good Luck !
> |
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Bob D
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He cant on his own without either. However if he hooks up with a contractor that does that type of work, after awhile he will be able to earn enough and you work on your credit score. then you can do it.
There is no quick and easy fix here. You need both available money and good credit to flip homes so get that in order first. |
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Dan D Man
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In today's world it's better to have good credit than money in the bank. Tell him to start rebuilding his credit. Having no credit can be crucial in realstate since when a good house to flip comes around only good credit will get you a loan through a lender. |
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walkinandrockin
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He needs a money and credit partner, and a partner that knows real estate well. He doesn't have half of the equation, he has one-third.
NO bank or lender will take a no money in situation on an investment, re-hab flip...why would they take 100% of the risk for anyone on something this risky? |
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Bella
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Your husband will need to find someone who has the faith in him to back him financially and be willing to assume the financial risk.
It may be extremely difficult, if not impossible, to find an investor depending on how many friends in the industry your husband has that could partner with him. Usually this partner would be an individual who would be willing to provide the money and desire to co-manage the flip, but does not want to be involved with the physical construction and detail from day to day (they will want very frequent updates).
The investor would have to be convinced of your husband's experience and ability to complete the projection within budget and on schedule. How much split on any potential profit the investor would ask in return would be highly variable, but always in favor of the investor.
If your husband does not have a friend who can be such a partner, beware, beware! There are individuals out there just waiting to scam people without available credit and no money down.
He shouldn't give up his dream, however, and I do wish him good luck in all his endeavors. |
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I_Love_McRedneck
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Fix his credit and save money first.
Hosues are HUGE invenstments, and he's already proven to the banks that he can't handle money well - who is gonna give him a loan? Not gonna happen. If he's serious about it, he'll do what it takes to fix his lousy credit. |
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divepassion
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Find a lender that makes loans to people with no credit and no money. Everything else will fall into place. |
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Jade B
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i wouldnt flip right now the way the market is. its a buyers market not sellers. id do it when the market flips |
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NightFoX
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Teach him how to steal from shops without anyone knowing or seeing! |
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