I caught up a couples defaulted loan which was 15K in arrears, which I paid directly to the lender for security reasons, in exchange for an Option to purchase their house.

There still has not been a Satisfaction of Mortgage filed by the lender (PNC) to the clerks office.

Can you split off a few lots now to raise capital to pay off your lenders?

I am having trouble figuring out whether to go with a hard money lender, or a conventional loan for my first rental property.

If lenders cannot collect the shortage this is allowed as your debt was eliminated.

I'm guessing the lender will require 6 months of insurance and taxes up front at closing for an investment property which will drive the closing costs up considerably. 3.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

I listed my home for rent and after 30+ days of reviews and home tours signed a lease on 3/30 with an individual who met my preferences for financial/credit history but could not move in until end of May.

haven't posted in a long time so please be gentle...my wife and i purchased a piece of land 3 years ago to build on (for ourselves). instead of building, and due to the madness of "covid" times, we ended up buying a house instead.we've been attempting to sell our land for 3 years now and have had 5 contractual offers. 2 of the buyers ducked out during attorney review for valid reasons (the land is near a landfill that's defunct), 2 because "they didn't know building was so expensive" (come on, do your research), and 1 recent offer backed out three days before closing!

I work with a lender that will do loans as low as 50k.