I'm seeking strategies for assuming someone else's mortgage as a primary residence. What is the best way to explore if this is an option with the seller's lender? Are there any strategies for making this more desirabl...

Anyone doing cash out refis with interest rates rising? My current rate is 3.25% and it's time for me to cash out and buy another property but not sure if that is the right decision at this time since interest rates a...

Hi.  I'm looking at a 26 unit motel in a tertiary market.  Current financials(according to the P&L) show a little over 35k NOI.  Converting to an extended stay, that NOI would be closer to 76k, not including debt ...

We have been successful in brokering mortgage notes for the last 2 years that we have started to buy our own with our own money and investors money.  We do have most of them boarded with a servicer but as we start to ...

I am looking at buying a performing note in Fresno, CA.  Outstanding balance is 26k and purchase price would also be $26k.  House value is 175k.  Payment amount is about $450/month.  If I purchase this note for $26,00...

The signs are apparent for any homeowner. Home foreclosure is right around the corner if you’ve fallen behind on repayment of loan and the house is serving as collateral. However there are tools available for these si...

Federal policy makers want to keep you from buying and profiting from openly traded non-performing notes (NPN). The bias is against private investors who purchase 1st and 2nd mortgages of delinquent homeowners in favo...

Hi Everyone. Met an elderly person whose house is underwater although he pays his mortgage on time. He'd like to sell and get "moving money" to relocate from NJ to GA where his daughter lives.

The only solution I can...

Hi everyone, I recently closed on my first rental property and I'm curious about how to track closing costs correctly. Do they apply as "miscellaneous" expense (which I can deduct when I file the taxes of the current ...

Lets assume you have $1500 in cash after all opex (maintence, taxes, utilities, insurance) is deducted. $100/unit income also deducted.

What are you willing to pay? Do you just plug it in according to debt terms?

$1...