Donna J
How to Find Help for Short Sale
I have posted before regarding my problem with my investment properties (see: Is it possible WAMU will lower my principal?) . I took the advice of this group and immediately put the property that has the best chance ...
Bienes Raices
Mortgage was sold to Ocwen--what to expect?
The mortgage on my personal residence was just sold by GMAC to Ocwen. I'm pretty nervous because there's tons of horror stories on the web about Ocwen (saying the payment wasn't sent in when it was, and many other mis...
Adam Tafel
Mortgage forbearance - yes or no?
Fanny/Freddy have put special provisions in place to help homeowners and landlords. Has anyone read the fine print? Wondering if there is any downside to doing this for a few months. Even if your property is fully ren...
Jacquelyn Revere
Newbie - Underwater Home, First Time buyer, What Should I do?
Hello, my name is Jacquelyn, I've been listening to the podcast for a while but this is my first post. This is a long question, hopefully you guys can help me understand the best move to make. So, I want to invest. Ho...
Joann F
short sale in Florida / Property in Georgia
I am in the beginning stages of listing my home in Florida as a short sale. In 2007 I helped my mom purchase a home in Georgia. The title & mortgage is in my name, but it is my mom's home & solely she has be...
Bryan Hancock
New Finder Rules Being Pushed-For
Some of the CFIRA folks and a handful of others appear to be pushing hard for clarity and a modification of current "finder" laws for finding accredited investors. Check out this link:Finder Overhaul?THE COMMITTEE RE...
Shella Sanders
Dallas TX collateral assignment
I hv a house in Dallas, TX that I sold owner finance to a family for 180k.
They put down 20k and financing 160k with me.
My underlying loan is for 110k at 12% for 30yrs. (why so high? Let me tell u the story)
I b...
Peter Halliday
Interest only note with balloon
Let me preface this by saying that I’m relatively new to note investing and have single digit notes under my belt. I’ve come across an interest only note that has a balloon. My guy is that this kind of seller financ...
Diego Carrillo
Who pays buyers commission on HUD?
Hi all,I am in Colorado and looking to purchase a HUD that popped up however my agent notified me that I will have to pay her commissions on top of the price if I win the bid.I plan on using VA to finance and live in ...
Frank Liuh
How to convert a triplex to a FourPlex?
I just bought a three-story, three-unit building in Uptown Saint John NB Canada, but it has really big interior size. Based on the existing layout, I can easily convert it into fourplex with 4 pieces of three-bedroom ...