Michael Meroney
Newbie from Overland Park, KS
Hello, my name is mike and I am with a national default outsourcer handling loss mit, collections, foreclosure, REO, etc on a national level for a variety of lenders. I stumbled upon this site, and I guess I am inter...
Kevin Ward
VA Assumption Question
Hello everyone. Thanks in advance for reading and replying.Currently buying a property through VA assumption with a second mortgage company to cover the cost above whats owed by the seller. Underwriting for the assu...
Greg R.
Question about timing w/ a VA cash out & conventional refi
Hello all,I am currently working on a VA cash out (100%). Unfortunately, I got a really bad appraisal, probably about 15% low. I was considering going with another bank and trying my luck on another appraisal. However...
Account Closed
How Do You Structurize Pre-Foreclosure Deals ?
Hi Guys,My team and I will start tapping into pre-foreclosures the upcoming month, so I wanted to ask you guys how do you guys put these deals together? What strategies do you use to lock them up ? I know some guys gi...
Corey Dutton
Loan Modification Business is Booming – Are These Companies Harming or Helping Consumers?
I recently met the owner of a local loan modification company. Like most of the loan modification businesses out there, this company takes an upfront fee from homeowners who are underwater in their mortgages or are he...
Nicholas Halterman
Separated Veteran looking to start a real estate investing journey
Hi everyone, my name is Nick. I recently separated from the National Guard after 6 years of service. I was deployed and obtained my VA benefits. I'm looking to get started in real estate investing. My first move would...
Scott Riddile
Private Mortgage Lending to Owner Occupiers
Is it prudent for a private investor to lend mortgage funds to an owner occupied borrower?
Jessie Martin
Short Sale Approved...Settlement Scheduled...Now Bank Selling Loan?
I put in an offer on a short sale property in March 2013. The offer was accepted by the owner, contract signed with a settlement date of May 30, 2013, negotiator was assigned, and short sale was approved by the bank ...
Marsha Rost
Mortgage advice for an investment property owned by an LLC
My first investment property was under my name and so was the mortgage. Everything was easy.I put my second property under my LLC, with three other partners. We are almost done with renovations and now we are looking ...
Kenneth Hypolite
What should be my next step?
I just bought my first property (condo) in Laurel, Md and the CashFlow is good. The mortgage is around 800 a month and I already have a tenant that pays me 1275 a month for rent. My question is what should be my next ...