Tony Marcelle
Where do they get the money?
9 May 2018 | 5 replies
Gurus who teach pre-foreclosure investing often fail to mention "where" to get the money to cover back payments if one does not have the money out of pocket to cover the debts.
Anthony Gayden
Little Old Lady Saves $9 Million then Dies
17 May 2018 | 25 replies
In your mind she may have suffered in her frugality, but likely she was very happy and had everything she needed.
Mads Veland
Can I buy a property in USA, but I live in Norway?
9 May 2018 | 10 replies
I for one think it would be a mistake to buy a 10K property without the capital to cover your *** when things go bad.
Lynne MacFarlane
How not to appear like a babe in the woods -1st experience w/FSBO
20 May 2018 | 13 replies
FSBO almost always will cover the cost of a buyer agent when pressed.
Terre B.
Done with working for someone else, need to invest.
8 May 2018 | 3 replies
@Terre Brizzolara what Gomer means is that you still have to have income to qualify for an FHA loan even if the rental income covers all the expenses plus.
Tom Saraf
Tenants haven't paid rent in over a year, and now in foreclosure!
15 May 2018 | 7 replies
She has been renting here in MA herself, and her tenants in ME were basically just covering her mortgage there.
John Janik III
Hard Money Lenders which 1 is the Best
8 May 2018 | 2 replies
I get a warm fuzzy feeling knowing there is only enough collateral to cover 40% of the loan.
Hollie Wells
Should I sell townhome and pocket $125,000 or keep and rent out?
13 September 2018 | 5 replies
Here’s the caveat...I just went 1099 with my job, so every lender I go to says I need 2 full years as a 1099, before they will cover a note.
Alex Nelson
FHA Loan Details and Advice
12 May 2018 | 4 replies
If i move out after a year, do i have to cover whatever the difference is from the 3.5% to the usual 20% or so of a conventional loan?
Tom Smith
What is the lowest rents could go? How to prevent foreclosure?
10 May 2018 | 9 replies
In my case I would probably have to experience a rental drop of 25-30 percent before my rent would not cover all my fixed costs.