When I sold my properties a few years ago I paid 2 policies back and kept some profit for myself.  

Has anyone successfully negotiated down a HUD 2nd mortgage?

I'm talking with a seller who is two weeks away from foreclosure. The deal was looking good....until I found the loan modification from 2014, where HUD too...

(LLC VS personal name)2.If property is paid with cash how long until I can qualify for cash out refi?

We have paid on the house for 7 years of a 30 year mortgage.

Hi everyone,Has anyone joined a mentorship program or has paid a mentor to learn specific aspects of real estate investing?

The rate quoted is not dependent upon your credit score, we just need to understand why the score is at that range and has it been improving.Any improvements to the property would need to be paid for with your cash.As we have discussed before, I think you should start with a flip property, maybe even a couple so that you can build up your cash and then use a portion of the cash as collateral for a larger line of credit.

@Gilbreth Seno  A lender will do this as part of a renovation loan; however, the cash won't go directly to you - it will be paid out to your contractors for the repairs.  

When attempting to purchase a pre-approved short sale, is it possible to negotiate a lower purchase price? 

I only sent offers to extremely distressed properties based on provided pictures.My question has to do with direct mailing to Pre-Foreclosures.

On our first year we did the equivalent of a 12% cap rate on the price we paid.