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A friend told me of someone that will be entering foreclosure soon and had a question in regards to this. Let's say he owes about 200K on the house; now how do you go about on trying to purchase the house? do you buy ...
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I have degrees in Accounting and understand it but have never used it in real estate nor have I used much Quickbooks. My husband flips houses and has about 5 going at any time. We just set up Quickbooks Online which I...
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Ok, stick with me on this one...I am a potential investor and I'm trying to figure out the best way to start. Here is a quick rundown of my current situation.I own a house worth $210,000 - free and clear no mortgage C...
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The FDIC closed 2 more banks on 12/16. Unless the FDIC wants to play Scrooge and close 8 more banks before the end of the year, it does NOT look like we will hit the century mark unlike the last 2 years (140 in 2009 ...
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I need help structuring terms to buying (if possible) a residential home that has a HAMP loan.The loan was started in 2012 and has a balloon note due 2035. Owner has made payments on time but is in late 80's and wan...
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I am talking with a motivated seller, very easy seller to talk with and seems willing to accept any reasonable offer. He has 60% equity. He is telling me that the bank is “telling him things” that seem to make him fee...
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What is the best way to find out how much a current owner's original mortgage was? Most often the appraisal district will not have a document with the mortgage balance?
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I am currently a teacher at a public school in the Bay Area. After listening to many episodes of the Biggerpockets podcasts, I have been very interested in pursuing real estate investing along side continuing to teac...
Hello,
I am completely under with one of my personal properties and my attorney is saying that shortsaling is my only option. Then I had one of my realtor friends suggest that she have one of her investor fri...