Taylor McClure
I’ve heard of buying pre-foreclosures, anyone have experience?
15 January 2025 | 8 replies
;(- if as-is value is less then the balance on the mortgage + arears OOOPS you need to have the owner work with the bank, you as the investor buyer AND a short sales expert often an agent work the tedious and usually failing short sale process.
C.S. Bryson
Is this a good deal? Looking for advice on my first investment
16 January 2025 | 0 replies
Balloon Payment:• At the end of 24 months, the buyer will make a balloon payment for 50% of the remaining balance of the loan.• This balloon payment will be paid through a cash-out refinance of an investment property valued at $198,000.7.
Puneet Mahi
Texas or Florida?
2 January 2025 | 10 replies
are areas worth looking into if you want a balance of family living and business opportunity.Texas PerspectiveTexas is a great market for long-term rentals, especially in cities like Austin, Dallas, or Houston, where population and job growth are booming.
Sino U.
Inspection: What to check for duplex
21 January 2025 | 5 replies
Pretty easy to get a $6,000 to $10,000+ sewer dig up and replace cost if it's a perfect wide-open area.
Desiree Rejeili
Understanding Mortgage Recasting: What Homeowners Need to Know
22 January 2025 | 0 replies
Mortgage recasting, also known as re-amortization, is a process that allows homeowners to lower their monthly mortgage payments by applying a lump sum toward their principal balance.
Caryn Fischer
Tax question with selling a house
22 January 2025 | 4 replies
Including a self-canceling clause in the note ensures the balance is forgiven upon the parent’s death.
Bob Asad
How do you prevent co-mingling of funds?
7 January 2025 | 24 replies
There are NO minimium balances.
Andy Wang
Should I sell my note? 1.2M @ 8.5% for 4.5 yrs
23 January 2025 | 2 replies
Maybe half upfront and reduce the rate of interest on the balance..
Lauren Ruppert
How do you get a spouse's name off of the property if divorcing?
24 January 2025 | 4 replies
The balanced owed on the property is about 97K.