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Results (10,000+)
Account Closed Multifamily deal
18 September 2016 | 3 replies
In the description it says The loan is currently in arrears and the lender has agreed to forbear foreclosure to allow a sale of the property subject to the existing loan.
Dawn Wilkins Companies that handle Landlord Insurance for Student Housing
29 June 2021 | 12 replies
Your property description, deed or pud doesn't designate to house as "student housing", that's what you're calling it. 
Ray Dipasupil Tech Entrepreneur from Los Angeles, CA Building REI Portfolio
11 October 2016 | 12 replies
My lady is a real estate investor & she works as a senior financial analyst with the biggest entertainment company in the world (which coincidentally enough, is the place where we first met as co-workers).
Account Closed Driving for Dollars VS Lead Websites (Listsource, etc)
24 August 2016 | 9 replies
@Daniel RheeList Source is good for narrowing down a list of specific properties with criteria such as age of owner, % of equity, mortgage date, etc... but what List Source won't provide is a description of the property.
Jordan Scott New Member from E. Tennessee
24 August 2016 | 10 replies
Met a really cool guy from the Johnson City area this past meet who's also just getting started I the Johnson City area and has already been finding great opportunities in that area. 
Michael Clevenger Appraisal fell short
9 September 2016 | 55 replies
Can you give me a brief description regarding your comment, please?
Brian Daiber House Flipping Contractors Central Ohio
22 August 2016 | 1 reply
I met a contractor this past year that does good work.
Sarah Byun Property has no parking space or garage
24 August 2016 | 2 replies
This will generally be easy, but from your description you might have a setback, zoning appearance, or storm drainage problem also.
Leland Titus Can I buy a forgotten property for taxes in NM by paying them.
27 August 2016 | 3 replies
The common street address is is not the legal description
Christopher Blake Private lender
31 August 2016 | 9 replies
ERGO you are in foreclosure in the first place.GFC meltdown saw values drop 20 to over 60% in certain markets  .. your 70% LTV loan was underwater right out of the gate.So to answer your questions.In General... you have a foreclsoureyour value is 10% less than it was when you made the loan.. reason flipper butchered the job ... and again depending on state it could take 1 to 3 years to actually foreclose and of course your not getting any payments.. so your interest is wiped out. your cost of doing the foreclosure again state specific.. and I have never met a defaulted borrower that paid the property tax's  ( and again state specific how bad this will be).. you have selling costs usually 8% and you normally have to spend money getting the home marketable I have never met a defaulted borrower who left a home in perfect shape.So you add 10% market devaluation  8% for sales costs.. 3% for foreclosure costs.. 2% for back taxforce placed insurance and utls.. and depending on the condition of the home 5 to 10% for rehab .. you can see how this eats into your 30%  .. then take states Like were i live and properly filed mechanics liens are super liens they jump ahead of your mortgage.. this can be thousands up to 100 thousands if your flipper totally screwed the subs.