I recently met with a financial advisor who wants to win my business. The conversation was on the whole very good as there were some things that I hadn't considered that my wife and I need to tend to in order to shor...
Can you legally send a past tenant whom you have a judgement against from small claims court a 1099, is this kind of like some credit card companies do when they settle for less than owedI
say if a multi needs to be rehabbed in order for it to be livable. Say it needs 60-80k in work. Say the asking price is 375,000.00. Do you apply the 50% rule to the 375k? Or the purchase price plus the rehab?
I would like to know everyone's opinions on the scenario below.You want to get a mortgage for 650k, one bank quotes you with an interest rate of x basis points over the FHLB 5 year rate, and the other bank's rate is ...
I had received notice that a financier had been sued 4 years prior to me even meeting him and that I was going to have to pay the lawsuit on his behalf. It was only around $4,000, and I still owed him ~$30,000. The...
If the owner of record Quitclaims the deed to another party, does the note need to be modified as well to reflect the new deed holder? I would think the answer is yes. I'm looking at buying a note where this is the ...
Has anyone had experience using a 3rd party escrow company for non performing note purchases? I think in addition to the typical NSA it would provide peace of mind. Has anyone used an escrow company or agent in transa...
I am trying to locate the note holder for the first mortgage of a property being serviced by Caliber Home Loan, formerly Vericrest Financial. The property is located in Brooklyn NY. Can anyone offer help on this? T...
Thoughts on a land contract vs traditional financing when buying a fully paid off Multi Family (4unit) from a private owner? No liens or current financing on the property - just trying to get the best financing availa...
To start off, I will give you the basics of my situation. I will move to Enid, Oklahoma in April of 2017 and will be there for roughly a year. During my time in Enid, I will be in pilot training which is a pretty rigo...