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25 October 2018 | 5 replies
However, when you apply for a new mortgage the lender will have you fill out a Schedule of Real Estate Owned form that basically asks about any properties you already own along with any lien holders on those properties, balances owed, monthly payment amounts, etc (see below for what one of these forms looks like).
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29 October 2018 | 20 replies
But if you have cash, I would look at being the money partner and do some joint ventures with some experienced flippers or maybe even lending as a second mortgage holder.
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26 October 2018 | 5 replies
I’ve been a 8+ year card holder, with great credit and a decent line amount.
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26 October 2018 | 14 replies
Seller financing would require them to be able to have enough to pay off the mortgage that they are delinquent to their mortgage holder, and then accept payments from you on the property.
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4 November 2018 | 6 replies
When I have decided not to renovate bathrooms, I did decide to repaint and replace the light fixtures, TP holder, towel bars, etc.
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9 January 2021 | 1 reply
I am here in the US on a H1B work visa and I want to know if it is legal for my to invest in real estate, rent out houses and earn a passive income from it?
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1 November 2018 | 3 replies
If anyone stops paying 2 months down the road the 300K belongs to someone else and they lose it all to a lien holder.
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9 November 2018 | 15 replies
If a third party buys at the auction, a bank doesn’t pay ANY other liens from their proceeds, unless the auction price was More than their debt......and then anything above the judgment amount is not their money anyway, it goes to junior lien holders in a specific state mandated order, and if any is left over it goes to the borrower.On the other hand, if the Bank gets the property back at the auction, Then they typically pay these liens off, out of their pocket, so they can deliver clear title when Selling the REO.
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28 November 2018 | 3 replies
There might be exceptions for EU passport holders and in certain locals to boost property prices.
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13 November 2018 | 7 replies
I have had a Self Directed IRA for about 5 years that has just been rotting...zero interest and a 3 digit account maintenance fee deduction every year by the holder.