But mainly because I was allowed to do any finishes my heart desired (within a pre determined budget).

Learning more and more about Pre Foreclosures and Notice of Defaults, but one nuanced question. Whether paying cash or taking the property subject-to, the overdue lien that is causing the foreclosure in the first plac...

I'm looking at a pre/mid foreclosure property for which the deed of trust has been repeatedly assigned, with the latest assignee being a collection processor.  

Not even sure if this exists but I'm wondering if anyone knows of a pre-formated excel spreadsheet or web based modeling software that can take data such as property, amount financed, interest rate, loan term, etc. and will automatically keep track of loan balances, equity gained, and cash flows on a regular basis. 

It made me want to door knock as an extrovert lol:"First, I knew it was a pre-foreclosure so I knew there would be a lot of emotion involved.

My local bank offered me a good 3.73% APR / 48 month / $20,000 loan which would cost me around $1,500 total...Side note: I have no other debt except a mortgage payment of $1,390.What are your thought about this?

Now, look at the paydown of the two loan balances, considering that the 30 yr loan also has an investment balance.IF you had said that both loans were 4% APR and the investment account earns 4% APR.....there is mathematically no difference between the two loans.

Hi and welcome,I think you should get a pre-approval from a lender around 60 to 90 days before your lease expires and start looking for property as soon as you have it.

They then calculate their return on capital as the $300 per month ($3600 per year), divided by a $20,000 down payment (ie. 20% down on a $100,000 unit) and calculate that they are making 18% APR on their cash employed.

I currently have a pre approval with navy federal.