I want to purchase a triplex in Oregon that is going to auction.  There is a 6 month redemption period.  Can I refinance out of a hard money loan during this 6 months?

My thinking is that the appraiser could confirm the exact market value of the house so we can know for certain if we are getting a good deal, even though it would not be required since we are not financing through a traditional mortgage.

The biggest draw to me when I started buying non-performing notes is that I had enough savings to buy them cash, since being an immigrant I didn't have any credit so I couldn't borrow and buy rentals the traditional way.

Hello All,I am expecting to close on my first rental property in 2 weeks and I am extremely excited but i do have a question for you all that are more experienced with buying rentals. I am currently buying my rental t...

The traditional vacation rental areas are always great (PCB, Destin, etc.), but they also may be starting to get saturated.

(I include this only because I wonder if its relevant) Ive been listening to BP podcasts and wonder , should I only look at homes in foreclosure (what is an REO) what is considered a good deal on a home Im about to purchase (do I look at the sales of the other homes on the block) Should I stick with neighborhoods only or do  i go after a bargain thats sits alone out in the country(Is there a large market for those that want to live away from traditional neighborhood) What about these auctions at the courthouse...buying the house with a cashiers check?

A lot of the secondary market consists of people saying "I've got $50m and will purchase the next batch of Fannie Mae loans, paying 2% more than Fannie" -- so obviously that next batch goes into that MBS pool.That's what those people do now, but back then they decided it was more profitable to purchase crappy products than gold standard traditional Fannie. 

I'm guessing they are pretty traditional with their views on careers, go to college, get a job, work until you die.

Long-term, I'd like to hold traditional and vacation rentals locally, in KC and at The Lake (Missourians know there is only one 'The Lake', haha), as well as in some of my favorite travel spots.

That makes it even more complicated if municipality charges wont appear on title search.I wonder now, in a "traditional sale", how does the Title search company determine the Municipality liens and encumbrances - and clear the title for sale?