Taylor Lacey
Need Help - Tenant Screening Question
9 May 2017 | 5 replies
Most parents I see make well over 3x the monthly rent in income, have savings specifically for college expenses, and generally they don't want junior's credit or background sullied by rent not being paid.
Saima Syed
Addendum to the contract after closing
28 April 2017 | 7 replies
The LLC was passed down to John Junior that during probate had the LLC dissolved and took ownership.
Jaden Adams
Dropping out of college
17 December 2019 | 210 replies
I would get as submersed in REI as possible and take classes as Junior college. 100k in debt is crazy!
Shari Posey
Does 2nd lienholder ever say no even though 1st says yes?
2 March 2008 | 1 reply
Make them an offer that works for you, but tell them you can only make the deal work if the junior lienholders accept a lesser payment.
James Sutton
Second Deed of Trust on Auction Property?
29 August 2013 | 4 replies
Junior lien holders, absent subordination agreements, are wiped OFF, but the debt remains.
Benjamin Lewis
Tax Lien Investing - Thoughts?
9 August 2018 | 5 replies
I am going into my Junior year in college and am looking to get into real estate investment for sure when I graduate, and maybe even house hack a duplex senior year.
Joshua Sanchez
Investing in real estate vs. note investing
28 May 2014 | 16 replies
And you could also sell a partial as well, this way your capital isn't as tied up and you can still cash flow off the note; just like leveraging a house.To buy a note with no money down, you could create a partial or do a collateral assignment at the time of purchase.Also keep in mind some notes are more affordable than others (like junior liens or notes without equity) so it all depends what your business model is.Best,DaveP.S.If you don't have a ton of capital to start, you can also check out Lendingclub.com.
Mike Kooser
Currently @ Fortune Builders $197 3 day seminar
17 January 2019 | 50 replies
If your phone went off, you had to come up to the stage and do the chicken dance—that is junior high behavior and many of us did not consider it funny.All in all I WOULD NOT recommend this 3-day ordeal to anyone.
Mark Davis
Title Insurance: do you need title insurance on a BRRR
14 March 2017 | 12 replies
Title insurance covers more than liens, there could be a missing owner in the chain of title, the tax sale may have not been done properly, all junior lienholders may have not been notified etc.
Gregory Tibok
What happens to HELOC's/Assoc fees after a Sheriff Sale in NJ?
13 November 2018 | 4 replies
Genrally if buying at the sheriff's sale, junior mtg.s would be wiped out as long as they are named/served in the foreclosure action.