One of two things is going to happen next: (1) The bank is going to write off the mortgage to bad debt or (2) They'll file for a right of redemption based on lack of due process, etc.

my co-worker is from Canada and was working in the US for over 3 years on a visa before buying his condo. he had no debt and had strong salary history - however, he couldn't qualify for a traditional mortgage because he didn't have any credit history in the states.

This my situation currently: 15k for down payment; 36k a year salary; $400 in monthly debtsWhat should I do? Thinking of getting a mortgage of around 100k with very little down (I took a class that will allow the bank...

Hello Everyone, My main interest is multi family properties.

Does anyone know of any real estate investor groups in Indiana, mainly in central or eastern?

I used it to pay off my primary home mortgage in order to speed up getting rid of that debt.

., and (3) is valuable financially (i.e. more cash to the table, able to shoulder more debt, etc.).

@Kevin Zolea  I'm a believer in good debt vs bad debt.

One of my main reasons for that preference is because I would prefer for the electricity to be in the tenants' names.

The refinance and repeat.B) Use HELOC to pay off all our debt (car loans, credit cards, etc) about 43k.