Brad Denkhaus
Sub 2 / Assumption Marketing Profile
26 July 2015 | 1 reply
This probably isn't what you are thinking of, but I think the best target for subject to properties is VA loan holders.
Trevor Ewen
Syndication Incentive Structures
27 July 2015 | 5 replies
@Trevor EwenWe have a number of active investment LLCs and we always pay out 90-95% of free cash flow every quarter to each holder.
Ryan Wanner
Safety for a second lien holder
30 July 2015 | 0 replies
Hey guys I am working with a gentleman right now on his property and he wants to partially carry some of the balance on the property. The issue however is that his lawyer is very adamantly against him taking a 2nd. So...
Nazar Trilisky
Private Lending Risks and Mitigation
6 August 2015 | 12 replies
You may need to take out a first mortgage to protect your second, if you lose the collateral to a first lien holder, you're out of collateral.
Jerusha Holder
Brand Spanking Newbie-Atlanta Metro Area
5 August 2015 | 9 replies
Glad you find this site @Jerusha Holder you are in the right place to learn all about REI!
Felix Goldstein
is wholesaling illegal?
13 August 2015 | 166 replies
Eric, you say "You also aren't supposed to market the property, in any way, shape, or form whatsoever, unless you are a licensed RE agent." according to the attorney one needs to be a broker to market property for another => ohio revised code about brokering . so i can market the property just not on behalf of anyone else(namely the person that sold me the property). well i don't do that. i decide to send an email out with a flyer, show the property, etc. the deed holder didn't ask me to do that. i'm not representing them.
Jerry M.
Note terms
2 August 2015 | 8 replies
Also that you, as second mortgage holder have the right to check on the payment status of the first. 12.
Eddie Memphis
Colorado Cabin Conumdrum
23 October 2015 | 9 replies
If there is a junior lien you can purchase it and then you have the right to buy out the note holder as well.
Ryan Terwilliger
Buying from an auction.
26 September 2015 | 11 replies
The only bank that would EVER actually go to sale with money would be a junior lien holder trying to bid to protect their lien position and keep from being wiped out (I do it daily when I'm the junior lien holder).And while I agree that it can take months to get the foreclosed property on the open market, it's not because they are just sitting there.
Green Doggie
Why Short Sales Take So Long?
7 September 2015 | 6 replies
Loan investors have a protocol and procedure to be followed to make sure people really need a short sale and aren't just bailing on an upside down property at the owner of the loan's expense,; to get as close to FMV as possible; analyze whether a foreclosure will net more money;negotiations with junior lien holders; mortgage insurance providers approval; etc, etc.