Their name is not on the mortgage but we split the profits.

The President’s declaration allows HUD to offer foreclosure relief and other assistance to certain families living in this county.HUD is: Granting immediate foreclosure relief – HUD granted a 90-day moratorium on foreclosures and forbearance on foreclosures of Federal Housing Administration (FHA)-insured home mortgages; Making mortgage insurance available – HUD's Section 203(h) program provides FHA insurance to disaster victims who have lost their homes and are facing the daunting task of rebuilding or buying another home.

I'm purchasing a junior non-performing mortgage behind a performing first mortgage secured by a home in Massachusetts.  

I have been looking into financing through smaller local banks. Just curious, has anyone done business with Bank of Ozarks? The reviews I see online are not the best. Thanks for your responses.  

Best mortgage companies /lender in PA 4.

Hey everyone,I've found a potential property investing in through craigslist and I had a few questions regarding it.Here are the details:Triplex fully rented: ASKING $479,000 - 3 Bed 2 Full Bath (rents for $1200) - 2 Bed 2 Full Bath (rents for $950) - 2 Bed 2 Full Bath (rents for $950)They say that the tenant pays for cable, electric, gas/propane and the landlord pays for insurance, mortgage, property tax, and trash.

If so, not much would need to be done other than to say "no", as the kids would currently own the property outright by operation of law.Now, that said, step-dad may have his own claims to be considered in evaluating all of this if he in fact contributed to mortgage payments, maintenance, etc.

While your renters pay down your mortgage you can take advance of tax benefits, appreciation and cash on cash returns.. building your net-worth.

@Sean Fisher The HUD FHA 223(f) insured mortgage program for apartment and multifamily properties is one of the best financing programs available.

The Purchase price $80,000 plus Repairs $15,000 totaling $95,000, along with the $19,000 (20% down) and Loan of $76,000 totaling $95,000 lead me to believe you are using a Fannie Mae Homestyle Renovation Mortgage.