So I received a call for help on this scenario. Trying to figure out how it could work. Borrower faces foreclosure sale next week. He needs $19,000 to bring his first position loan current. He is living in the ho...
Hello everyone, Firstly, I have been lurking for a while now and have gotten incredibly useful stuff from here and I cant thank you enough for that.
I am a newbie investor who just bought a rental property this summe...
Federal policy makers want to keep you from buying and profiting from openly traded non-performing notes (NPN). The bias is against private investors who purchase 1st and 2nd mortgages of delinquent homeowners in favo...
Here’s the deal.
I just got my offer accepted at 132,000 on a REO that the seller is Fannie Mae. Inside the Purchase Addendum it states that I can not sell the property for more then 162,000 within 3 months of closi...
I had this idea I've been malling for about 5 years now, it's related to car title loans with process collections, it's always been complicated so I never got past the legal phase... but then the other evening it hit ...
I'm hoping someone can help provide some clarity to me regarding the right of redemption law in Alabama.Say a property is foreclosed and sold back to the bank on the courthouse steps. The bank turns around and sells ...
So my tenant moved in three weeks ago. Per the lease, she has 7 days to tell me what wrong with the house after move in day. A week gone by and I asked if she had found anything. She said no just minor scratches. ...
Hi everyone,Let me start by clarifying that I am inexperienced and this is my first attempt at finding a tenant for my first SFH. That said, please don't assume I am acting foolishly either - I have been very careful...
I'm always trying to learn more and network more here in Rochester NY. I decided to go check out a tax foreclosure that could be worth while. I've been to quite a number of these, but have only purchased a few. ...
Very often we see people on here talk about how they are educating themselves by reading books relating to the real estate and lending industries. And that sounds great, until you realize that mostly they are reading...