I just discovered this awesome site. Thank you all for taking the time to post advice, it's very helpful, especially to a newbie. I hope this is the right forum for the questions I have.
I've already done my due d...
Hello,I'm currently doing due diligence on a non-performing junior lien that has gone unpaid for about 5 years. I know the unpaid principal balance, interest rate, and monthly payment but the arrearages and payoff amo...
So I'm lying in bed, exhausted. Just when I fall asleep, my cat wakes me up just to be annoying.
But rather than quickly falling back to sleep... I start doing real estate math in my head. And suddenly I'm wi...
Property appraisal value: 265K
Borrower's down payment: 79K
You 1st trust deed: 132K
Seller: 2nd trust deed: 70K
Two year balloon
In addition to the high combined loan to value, what e...
In another thread where someone was looking for properties with Chinese drywall, a company called AbSheild was mentioned as having a remediation process for this drywall. I looked at this company and their claims.
...
Is anyone here a member of Lifestyles Unlimited or does anyone have any experience with them. They are a mentoring program that helps you get started in REI based out of Houston. From what I can tell so far they see...
We have a potential renter who is offering to pay 100 dollars more per month for the 1st six months until the security deposit is paid. She is currently staying in a extended stay for $250 per week. She said she fou...
Just starting out here...
Have $50,000 to invest in real estate.
Would you:
A) Buy one Condo / Apartment outright (paid in full) and rent it out
or
B) Mortgage two Condo / Apartment's (...
Hi all. I’m a property manager by day (so wish I could type out a cool superhero gig), and I rent my house to two roommates who pay my mortgage plus additional Cashflow. I need your help please!Do you have experience ...
Hi,I wanted to know what everyone's thoughts are on this situation. I have a tenant that is insisting on some repairs. I scheduled a date/time to come inspect and go from there. I kindly asked her to please make sure ...