Ryan Biankowski
Purchasing Property BEFORE Sheriff Auction Tips?
2 March 2018 | 18 replies
Assuming that the loan is FHA-insured (as that vast majority of mortgage loans at that number are), the lender will simply make a bid at the outstanding loan balance and take the house into its REO portfolio.
Dilip Rangan
Strategies to use Home Equity to buy an investment property
5 August 2018 | 6 replies
Loan Amount Outstanding $1.8M.
Robert Chappell
Real Estate Investment help
9 August 2017 | 1 reply
Also, you want to make sure you have paid off any outstanding debts, and the like.
Joshua Durrin
Why sell a note for less than face value?
18 September 2019 | 6 replies
What I've seen on FCIExchange.com and LoanMLS.com is that performing firsts are typically asking the value of the outstanding balance, or very close to.
Alfred Litton
What If I DON'T Want to Be Paid by My LLC?
4 April 2018 | 13 replies
That's $555 per property per month in NOI and that is truly outstanding.
Dan Cumberland
Borrowing someone else's credit (tell me what I need to know!)
8 June 2015 | 16 replies
@Dan CumberlandThink of it like a sales pitch.How are you going to convince your friend/family/random BP member to increase their outstanding debt by $550k?
AW Eilers
Questions about forclosure?
22 September 2015 | 26 replies
At the auction, the bank can bid up to the full value of the outstanding mortgage balance without spending any of their money.
Mike Russo
"Lifeonaire" by Steve Cook
19 August 2020 | 20 replies
Steve is not only brilliant, he is outstanding at explaining things in a simple clear way.
Pete Bhairgond
New member - intro, background and a few questions
18 June 2016 | 5 replies
First investment property (60% outstanding mortage - $70K in equity) 3.
Yechiel Abekassis
Hoa Broward county
26 July 2016 | 9 replies
The HOA "buying it back" at their foreclosure, means that debt was Not paid, and still outstanding.