Telisa Yvette
2nd Lien holder condo responsibilities
Hello I live in Florida I purchased the junior Lien at auction am I responsible for owners past due condo association assessments?
Chris Fuller
Bad dealings with Anchor loans?
Has anyone sued a hard money lender or had any dealings with Anchor loans LP? I am seeing a trend with them on excessively high interest and taking advantage of borrowers in my opinion. It seems that even the 'junior ...
Xiaoyu Liang
Junior Lien Holder in Foreclosure Process. What Would You do?
Got myself into a sticky situation as the junior lien holder. All the below numbers are for easy calculation purposes.I hold a junior lien of $18k to a property in Arizona City, Arizona. The property was sold at $300k...
Jerome Brown
Foreclosures in Miami, FL
Hi Sean,
Can't help with the local info, but I can address your first question. If the second lien holder is the one foreclosing, and they (or anyone else) buy the property at the sale for the second lien, they're bu...
Junior Pando
Befor & After Rancho Palos Verdes, CA
Biggest Project I have Invested in so far. Hard work pays off! Hope anyone here that might be around the area can make it to the open house. BEFORE
AFTER
Rachel Kim
how do i buy second position debt from bank
Hi.. I'm interested in buying this property at a trustee auction. I have read people buying second position debts to use for credit bidding. I am actually interested in winning the property but if i don't and it go...
Sandy Uhlmann
Second Lien Question-Short Sale
If a property is being sold as a short sale, is the first lienholder/lender obligated to pay the second lienholder anything? I had heard discussions that the first lienholder usually pays the second lienholder $3000 ...
Michael Junior
Investors in Fairfield county?
Hey all,
Just looking to reach out to any and all investors- mentors in my area. I’m just staring in REI and I want to build a strong efficient team. Want to see who’s in my area and who’s looking to network. If you...
Michael Junior
9 units in 6 months
What’s up BP.I got a bit of a success story here kinda. Thanks to the community of course ! So I found BP in November 2018. Started studying up, grabbed some books and hit the streets! I knew I wanted multi family and...
Hal Thompson
Buying property at foreclosure subject-to
i am considering buying a junior lien on a property at foreclosure auction. The bank has a senior first mortgage in the $260k range, and I would have to pay $15k minimum at auction to get the property.Per a real estat...