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Results (719)
Dawn Vought Need Advice - Bank Approved Short Sale But Wants Promissory Note
6 November 2013 | 2 replies

I am hoping for some viable suggestions on this. Here are the facts (with numbers rounded):

-I own in my personal name an investment SFR in Birmingham, AL.

-Remaining mortgage (principal) on house is $...

Rob Street Buying non-performing note of abandoned property
18 February 2011 | 13 replies

I am interested in buying a non-performing note of a property in California that is tied up in BK and has been abandoned for several months. Ultimately I would like to foreclose and acquire the property. The former ow...

Andrew Bissada Deficiencies found by inspector - who pays for them?
20 July 2020 | 13 replies

When an inspector finds Deficiencies in a home that need to be fixed (thats put in their report), who ends up paying for these deficiencies? Is it the seller?

Kathy Collins What are the chances?
29 May 2008 | 8 replies

A friend of mine owns a home that is going into foreclosure. It would appear that when the last appraisal was done, a vacant parcel that she also owns was taken into consideration to reach the appraised value. This ...

Jeffrey Giffin Quick question about a deal. Any help would be appreciated!
12 July 2015 | 8 replies

Hello everybody.  I am a newbie and currently looking at my first deal.  The one I am looking at is a three unit and it is a short sale.  Under the write up of the property it states "If property is vacant and no util...

Raj G. Private lending on property went on fire
10 October 2018 | 6 replies

Hi, I did private lending to one of my friend , he mortgaged his investment property as first lien with me.agreement was that he will pay interest monthly, and he was almost regular on that.in July that property got  ...

Dan Krause Overages as an income opportunity
8 May 2010 | 4 replies

:D There are a few recent posts concerning these.Does anyone have any idea how to go about locating these overages-on foreclosure sales and other real estate deals? Where do you go and what procedures do you use? Tha...

Alan Rohrer Purchasing a property without personal guarantee
8 March 2022 | 6 replies

I am new to the forum and am in the learning phase. I hope to begin my first search for a rental property in the next few months after I get more knowledgeable on the topic.Is it possible, and if so, how, to purchase ...

Christopher Veljkovic How to underwrite a retired tenant?
28 November 2022 | 2 replies

**This a new one for me!!**How to underwrite a applicant that is retired living on supplemental income and proceeds from a sale of their home? What type of information should I request besides monthly bank statements...