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I'm new to all of this, can someone help me understand exactly what a non performing note is? What exactly am I buying, and what are all of my options when selling? All help is appreciated, thanks!
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Hi, new to this and about to foreclose two tax liens in Navajo county raw land. I saw here that an investor offers to purchase before she starts foreclosure to avoid going through the courts and nice that the owner a...
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Assuming the note of the senior lienholder is a typical institutional note with a due on sale clause:Can the senior lienholder accelerate a loan when a 3rd party obtains title by means of a trustee sale of a junior li...
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I found a great vacant home and I found the owner. The problem is that the owner doesn't believe she has control of the property anymore, since she went through bankruptcy. The house is slated for tax sale for $4...
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Hi All, Noob out of state investor and this is my first investment property. I recently closed on a duplex in OH. Both units were being rented. However Renter 1 stopped paying rent during the ownership transition.Prop...
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Many questions come in regarding buying at foreclosure auction - whether it be a sheriff sale or a trustee sale. So here is a round up of some threads that cover the gamut of topics that have cropped up. Enjoy the s...
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What is your opinion or experience by starting a tenant with a month-to-month lease instead of a full year term? I have concerns over a tenant prospect and I consider ending a lease and easier option than evicting. Le...
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Hi guys - can you analyse this scenario for me - thanks for your extremely helpful inputs!I see a house listed for Sheriff Auction. The market value of house is 500K.Owner's Equity is 200KJudgement Amount is 300K.1. ...
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A lot of aspiring investors who may not have enough capital to do a project by themselves (or simply don't want to dive into investing without the partnership of someone with more experience and knowledge) seem to tak...
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So my fiance's dad passed away a few months ago and left the house to her and her brother. They want to sell it but there's 2 mortgages on the house. I believe there's $60K owed total, would have to double check that....