Hi Note People,I'm trying to learn more about NPN 2nds, and wondering about this scenario: (assume 1st is performing)If I have a 2nd position Non-performing note, without enough equity to even cover the first, or just...
A lady called me with a nice house in a nice neighborhood that she wants to sell for what she owes which is $108k, and it is worth $150k. It needs no repairs, since her son is one of my best contractors who told her t...
Hi guys have a couple of qns about notesHeard about notes but what are the ways to go about doing them?Would investor allow to issue notes determine the terms and rate for the notes base on the house and investor woul...
Why caused the 08 crash. I’ve heard everyone from Bill Clinton to bush to the heads of the banks?
Hi, I am trying to locate an attorney that can help me negotiate settlements for 7 DSCR investor mortgages on single family homes that are at risk of defaulting. I have only been successful at finding attorneys who tr...
HOT OFF THE PRESS: President Bush says he will not allow the Democrat bill to become law, as reported by the New York Times. I am glad. Your thoughts?
See link here:
http://www.nytimes.com/2008/02/27/business/27h...
I’ve heard that people lose everything when they’re overleveraged. When would you say people lose their shirt in RE investing, when debt to equity ratios are to high or when their debt to cash reserve ratios are too h...
How can I find a hard money lender?
What are some ways people go about finding one?
Also, is becoming an independent mortgage broker a good idea in this economy?
Here is the issue, my mother had this five bedroom ranch house. Her and my father had bought about 7 years ago for 182,000 . Then my father had passed away about a year after they had bought the house. Then she had a ...