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30 August 2019 | 6 replies
There is a property I am interested in, and it will be auctioned at the courthouse next tuesday, so I order a title search.It shows only 1 lien for $amount (I don’t know the current balance of the debt), originally taken out by Barack Obama and later the loan was assumed by Donald Trump when he bought the house from Obama.
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13 December 2015 | 16 replies
I'm pretty sure Cash on Cash implies using debt.
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20 November 2015 | 0 replies
I also owe about 20k in non-mortgage related debt.
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22 November 2015 | 5 replies
, or should I take an equity loan and go further into debt?
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6 January 2016 | 2 replies
That debt will be settled out of my own pocket after closing.The moral of the story is to find a competent attorney that understands what you are trying to be do, so that all of the proper documentation can be created and filed.
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22 November 2015 | 8 replies
I currently commute from Olathe to downtown everyday, so eliminating that from my life for good will also be a plus!
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7 December 2015 | 13 replies
Descendent had a reverse mortgage and just a few more thousand above that in creditors debt, ( she filed herself to avoid admin fees and such).
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23 November 2015 | 2 replies
I also owe about 20k in non-mortgage related debt.
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23 June 2019 | 5 replies
Just remember, you will need to buy a new property equal or greater than your sale; encumber new debt for the same or greater value than your current debt; and put all the cash from sale back into the deal.
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28 November 2015 | 43 replies
But if you are renting 3 of those units for $855 each, then you are using other peoples' money to pay your debt and live for free.