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Results (2631)
Margaret Weyandt Question about being a leinholder on a mobile home
20 December 2014 | 9 replies

I need some advice from someone more experienced than myself.  I helped my son and his girlfriend purchase a mobile home.  He wanted her name on the title so I was listed as a lienholder.  We created a contract to spe...

Will F. Attempt to Collect before Sheriff Lockout?
22 April 2013 | 5 replies

Hi I just went through a stressful 4 month eviction lawsuit over a sub-lessor who was not paying rent.

We're a couple days away from the Sheriff finally coming to lock them out...what a relief.

Anyways I was wonderi...

Sam Simones Banks Involvement in Promissory Notes?
1 March 2018 | 4 replies

Classic apology for asking something that I’m sure has been asked before, but I can’t find it so that’s okay. Say a friend is selling you their property. The appraised value is 1,354,000 and he agrees to sell it for 1...

Josh D. Cancellation of Debt 1099-C Question
19 December 2009 | 6 replies

I'm negotiating a deal and have a seller who hasn't paid her 1st or 2nd in 2 1/2 years.

I just got the 1st to accept the buyer's offer. I recently discovered the 2nd (Discover/Morgan Stanley) sent the seller a 1099-...

Ashley Sanchez Help! Student Loan Debt Considered for FHA & 203k loan
1 March 2018 | 20 replies

Recently, spoke with mortgage broke to attempt to qualify for my first MFR to 'househack'/rent.

I provided him my general background:
Have 140k student loan debt
37 k annual salary
Credit score of 700+

He said that...

Meg Hoff Short Sale of Rental Property
4 October 2013 | 23 replies

I am considering a "strategic default" of my condo property in California. I bought it as my primary residence in 2004, but have rented it out for the past two years. I am more than $100K underwater, and do not qualif...

Marci Stein Closed on #4...Thank you B.B. !
23 May 2016 | 2 replies

Just closed on my 4th SFH rental. Each one brings me in $500 a month after all expenses. Thank you everyone here at Biggerpockets for giving me the knowledge ,support, and motivation needed to accomplish my real estat...

Steven Webster Trailer home as a start. --- (0% xp in real estate)
17 January 2022 | 4 replies

I found a mobile home online for $25,000, est. mortgage: $210/mo*, 3 bed 1 bath,  only considering the financial prospect, is this a good start for a beginning investor that only makes 368 extra cash a month? (This is...

Eduardo Fernandez Short Seller Credit Consequences?
10 July 2008 | 5 replies

This is my first post in this area. I've been asked by a couple of homeowners that I have approached about what happens to their credit. If the homeowner and buyer arrange a sales prices for less than what is owed a...

Bob Malecki Goldman Sachs fine from DOJ and current low NPL inventory
20 November 2017 | 12 replies

I recently attended the Note Expo conference in Dallas which is annual event which provides me a basic snapshot of the landscape for distressed mortgage debt. Although most of the presentations were more operational i...