Just curious, not challenging your statement but how does bankruptcy "demonstrates financial immaturity and risk" since: Bankruptcies resulting from unpaid medical bills will affect nearly 2 million people this year—making health care the No. 1 cause of such filings, and outpacing bankruptcies due to credit-card bills or unpaid mortgages, according to new data.

Are mortgages tied to the building or land?

I found a deal the other day that looked like this: $100k for 3/2, 1600sf, decent yard, decent location, comps could maybe get to $150-175k, no mortgage - house is paid off.

They'll figure it out eventually, or they'll just keep burning money on the mortgage.

I have relationships with mortgage brokers and will set up my potential tenant with a broker to evaluate their financial situation to get them ready to purchase in 2-3 years.

Which means mortgage interest, property taxes, HOA and insurance.Costs that are one-time and are specifically related to the purchase, like an inspection, are added to the tax basis and depreciated, instead of being deducted right away.

Can anyone tell me anything about the Note Servicing Center in Chowchilla or Unified mortgage loan serving or VIP Trust Deed?

We are currently using Quickbooks but I am wondering if there is any type of add-on or software that can be used to create reports that will show everything for a property including purchase price/current value/mortgage, etc. instead of just the income/expenses that are on the P&L.

Hi All,I wanted to know if I purchase a house in cash (paid all for it), I then would like to take out a mortgage to be able to buy another house to then rent again how the process works and if anyone can give more info on the topic! 

One of the items was a mortgage statement which stated the house is going through a pre-foreclosure process.