Has anyone ever heard of this NACA (Neighborhood Assistance Corporation of America). They claim to offer 3.75 30yr and 3.0 15yr mortgages with no money down + no closing costs. Anyone know if this is for real?

I made an offer on a bank sale and it was accepted by the bank. Now a mortgage broker has called my realtor and said that he has a client who holds a second mortgage and that they will take control of the propert...

Seller has a property he is trying to sell and does not know IF there is a morgage on the property. His son owns it but unable to talk. Dad has power of attorney to do EVERYTHING on the sons behalf, but not sure of AN...

I just purchased a 1st position NPL on a home in Oklahoma and found out from FCI's bankruptcy specialist that the borrower had a Chapter 7 bankruptcy in 2009 which was discharged in 2012 but not yet closed. This was n...

I just took a look at an abandoned house that has a "Pending Demolition" notice on the door.Just got off the phone with that department and they said it is because they have asked the owner multiple times to make s...

Hello Bigger Pockets.  
New to the process and working to find my first property. I have found a property on the MLS and looked at it with my realtor. I estimated that my repair costs would be around 25k. I gave a lo...

I purchased a property in Miami Dade a few years back. A year after owning it, a new tenant moved in and when she tried to turn the water service on, she was told there was a lien for unpaid water. The water company w...

I had a purchase contract with the Bank of America on a house.  They "cancelled" the purchase contract and told me I am not getting my deposit back.  They are not in a strong position legally, but they will likely be ...

The facts are straight forward:

1. I bought a Home Equity Loan in foreclosure. It was in the first position because a subsequent 'first' loan did not have a subordination agreement recorded. I received and recorded t...

I understand that once an investor has 4-5 mortgages, conventional financing can become a challenge.Is this the reason why certain investors, who are successful in their own right, seek partners—i.e., they need a part...