Hello,
I was reading on a different post that Subject-to deals on Foreclosure/Pre-foreclosure homes in some states are illegal. From what I've read CA, WA and Oregon are states that it is illegal.
I am just getting...
I need help and hope someone has tried this before. I have a tenant that has not paid for over 6 months rent (becoming dire), they continue with first a Skeleton Bankruptcy, followed by not completing the paperwork pr...
Can someone tell me what happens when a mortgagor files bankruptcy before a foreclosure auction takes place. Is the mortgage wiped out? What generally happens to the property securing the loan?Thank you
Hey. We had a property under contract and we were 2 days from closing when we found out Fannie Mae didn’t have title to the house because the owner filed chapter 7 bankruptcy within 10 days after the foreclosure s...
I have a multifamily deal where I can take the deed subject to. The underlying note is at 2%, so its very attractive.
While discussing the possibilities with the seller, I learned that they intend to file ba...
We just purchased a house recently, and we are in the process of screening. Once stepping into the rental world, we found that it is quite hard to find someone who doesn't have credit history.
One person is willing t...
I'm not sure this is the right area to post, if not please move. What is everyone's thought on this. A person approaches you to invest. They have some cash to start and have a couple thousand dollars each month to inv...
Sorry for all the questions lately. I own two properties, the other property I've owned for several years, rents mostly to graduate students and is in a pretty good area and is pretty cut and dried. The newer rental r...
Hi, I am an investor in Tampa, Florida (Hillsborough County) and I recently won a property at auction. You initially deposit a non refundable 5% prior to auction, and than pay the 95% within 24 hours. Here is the situ...
Hello All,
I need immediate help.
I was wondering if I can get some advise on how to proceed with this situation?
A lady called me today. She owns a 2-family building in South St.Louis. She is in the...