In general, what percentage of the full debt are subordinate mortgage holders willing to settle for following a foreclosure sale initiated by the primary mortgage holder?
I'm under a contract to buy a fixer and the title company notified me the property has liens and the seller need to bring in additional funds around 20k to close it. The seller does not have the funds to cover the lie...
Anyone with owner financing experience that could provide some guidance?
I have a deal that is a commercial duplex. The owner is willing to finance it with 20% down, $60K less than asking at 10% interest for 10 year...
I got the email from RYM below, apologies for pasting the email in entirety but i think this might help others and others can understand the context
iam just 1 year into my owner occupied mortgage. I am trying to acc...
Hi all,
We are transiting from excel to Quickbooks, just curious for those who has experience with Quickbooks do you use online version or desktop version?
Is it huge difference?
Thanks
Hey guys I’m having an issue. I and trying to refinance out of a hard money loan. The duplex appraised at 305k when I bought the property 9 months later the duplex is now appraising at 174k. I’ve disputed the appraisa...
Hi everyone. I was fortunate to close on a property in which the seller agreed to seller financing. A note was prepared and the property has closed. The seller is very laid back and is satisfied with me mailing him...
It is getting challenging to get the rent. One of my tenants is not picking up calls or if pickup saying that they don’t have money and making lame excuses and that they are going to talk to their lawyers. I know the...
Investment Info:
Mobile home fix & flip investment in Bend.
Purchase price: $165,000
Cash invested: $25,000
We found this property off market. The original plan was to remodel the unit and get a...
I have done some searching, but I did not find the answer I was looking for on this topic. Lets just say I decide to set aside $300/month for 12 months and I show it as an expense on the P&L. Now it is tax time! I...