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I have been buying trustee's sales in Utah for the last 8 years and they have dried up to the point where I have started my research on other western states. I am focusing on the states on propertyradar.com which are...
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A few weeks ago I started shopping around for a bank that would do a cash out refi with a low rate. After deciding to go with one of them, and rated were very low, I wanted to lock my rate in. First it took them a w...
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I just received my first applications back along with their credit/criminal history. This will be my first time going through the screening process so any help would be appreciated. To start I used the Ultimate Guide ...
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Why would someone sign over their entire home to me just to be able to avoid the responsibility of paying the mortgage. They can move out and rent/lease and cover the mortgage which is any way what the prospective buy...
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Hi guys - can you analyse this scenario for me - thanks for your extremely helpful inputs!I see a house listed for Sheriff Auction. The market value of house is 500K.Owner's Equity is 200KJudgement Amount is 300K.1. ...
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[RANT] My tentants (1 college student + 2 young working professionals) were tired of waiting for my plumber to fix a sewage smell - it took a series of months to complete root cause analysis, so they took matters into...
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I came across a house that's going to be sold at a foreclosure auction. I did some research and found that the owner transferred the property from his name into an LLC about 2 years ago. Would that have any effe...
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This is just a minor vent session but I got my first taste of real world landlord work this past weekend. And not the good kind. Not the "retire by 40 and travel the world" kind but more of the "your tenant will try a...
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Here is a mortgage statement from a homeowner that is being foreclosed on. He wants to sell to me. Can I negotiate some of the interest and late fees down from the bank? And what is the best way to approach that conve...
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Hi BP. Not too long ago, I took an opportunity to learn a bit about foreclosures. The information sounded interesting at the time, but now that I think about it, I'm having trouble making it make sense.So, say you obt...