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9 January 2008 | 16 replies
See if they have a contact person or know the lawyer who handled the bank's position.3.
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19 November 2007 | 24 replies
I would consider getting a mortgage on the house after it is rented out in order to free up the equity for other projects...but it wont be a positive cash flow.
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1 December 2007 | 6 replies
If the landlord is not following the regulations they could be in a very bad position.
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10 August 2007 | 11 replies
I would assume their lender would be in first lienholder position.
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11 August 2007 | 5 replies
Well i would like to get into aparment rental and have some positive cashflow.
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11 August 2007 | 9 replies
You're in first position if the tax lien is taken care of or second position behind it if not.That puts a lien on it right now.
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15 August 2007 | 5 replies
In your situation, I would think using $20k down on a rental that will positive cash flow FOR SURE would be a safer bet and accomplish a similar result.
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7 May 2009 | 8 replies
The lenders position can be compromised with loan modifications.
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16 August 2007 | 4 replies
You also have to anticipate that something negative will happen so your partner might change their position.