Michael G.
loan mod or short sale?
3 May 2011 | 6 replies
What typically happens the owner is approved for a 3 month trial modification.The requirements for the 3 month trial are easy to qualify for.When the owner goes for the permanent modification that is much harder to get approved for.Depending on the loan there are multiple types of permanent loan modifications available.Sometimes it will take the owner 1 to 2 years to get approved for a permanent loan mod or not at all.The homeowners job situation and financial stability is ever-changing.This is why the servicer will request updated financial docs every 30 to 60 days while a mod is in process.Sometimes the home owners situation will change for the better and they get approved to work on a perm loan mod and other times it gets worse and they fall out of getting approved.The type of loan will depend on workouts available with loan mods.Example is the loan Fannie Mae or Freddie Mac backed??
Kabir B.
New Guy From Atlanta Georgia
20 August 2013 | 12 replies
I do not have any far fetched dreams that I will become a billionaire overnight, so I do expect lots of blood, sweat, tears along with some trial and error learning as well before I can even relax for a minute.Is there any local area events where I can meet some fellow investors?
Jim Kilian
Trial by fire in Olathe, Kansas
16 October 2017 | 2 replies
Hello All,My wife and I got into the real estate game without quite realizing it. She found a great 3300sqft + 1400sqft unfinished basement foreclosure for $115,000 back in 2013. Just the 2 of us in a 5bdrm house. Sta...
Timothy Foster
I'm setting up retirement in the Everett WA area
10 April 2016 | 11 replies
This is my first time buying a rental house and I want to detail my trials and tribulations as much as possible.
Eric Armstrong
Looking for Philadelphia landlords
26 March 2017 | 10 replies
-Judges allowing new trial dates or continuances for months or appeals of non-appealable agreements because the tenant has a sob story.
Joe T.
Local lender for Out of state investing? Or does it not matter?
25 November 2019 | 18 replies
I'd be hard pressed to answer that question for Illinois real estate, but I have a sense for what plays out in the Bay Area and SoCal.It'll be variations of stuff like that, but local to where you are buying real estate.
Trae Floyd
Purchasing properties out of state
16 September 2018 | 13 replies
I found the only way is trial and error.
Anl Gupta
Eviction for partial rent payment going to trial
19 November 2014 | 2 replies
HiI did proper 5 day note written by certified mail for partial payment rent rejection and now a trial date is set since the tenant came to eviction court.Could someone share how it is to be in Trial and specifically in AZ?
Jim D.
Nashville, TN - Looking to get started
13 October 2013 | 4 replies
After that, it's all about finding good people to work with and trial by fire!
John Spagnolo
Looking for input on rental property management software
27 February 2014 | 3 replies
I did the free trial with Bildium and was quite impressed.