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I relative of mine has been having financial difficulties since the fall of the Lehmen Brothers and AIG and has a property that hasn't been paid off. The bank foreclosed and auctioned the property away for $130,000.00...
Hi,This is my first post here and please be easy on me.One of my friend need money for his business activity and none of the professional bankers won't lend him money due to his tax filing situation, loan to debt rati...
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My aunt and uncle have named me beneficiary in their will. They were going to sell their primary and buy something cheaper. But have since decided to stay where they are. The property is free and clear. Property was l...
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Hi BP Carebears!My girlfriend and I are looking into buying the first of many income properties. We'll be taking it slow to start by doing the House Hack technique, but we would like to eventually build a nice portfol...
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I am weighing the benefits between a cash out refi on my primary and a conventional loan. I understand there is more risk attaching my primary to my investments. However, I would benefit from the refi rate on both a...
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Hello All,This is my first post and it’s a doozy. My Father in law purchased his home back in the 80’s. It’s in California and the tax basis is quite low. The home is owned in a Trust and his 4 children are the ...
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Recently a wholesaler told me he doesn't like probates because they often come with liens. He says he prefers to wait until the liens are paid off instead of inheriting the mess.
I know probates also have issues aris...
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I graduated college a bit over a year ago. My credit score is 800+. But my credit lines aren't enough for this lender. So they are requiring I get my dad to co-sign and since its an investment he has to be on title as...
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Hello everyone,
I am new here and new to investing. I am buying my first rental duplex as a primary home. Both units are occupied one on a lease and other one on a month to month, the month to month tenant is current...
Hello Everyone! I'm looking at a property coming up soon for Sheriff's sale. The primary lender has foreclosed on the property and initiated the Sheriff's sale. Through a title search I found the previous (current?) o...