Is it doable? Lien $450k, homes current value=$400k
Hello BP,I do not have a lot of experience in foreclosures, so I was hoping to gain some perspective from some of you who do.I currently have a four unit building under contract in Minnesota. The redemption period is...
I am new to wholesaling and went to one of the houses on my pre foreclosure list and found out the owner of the home had passed and it was currently her son living there after going through the house and looking at re...
This is my first short sale and there is a lot of information regarding short sales on bigger pockets and lot of other sites but i am even more confused after reading the articles and trying to compare what stage of t...
It seems one of my files is nearing approval with BofA. I just received an email from the negotiator stating that their vendor sent out paperwork for the homeowner to sign up for the HAFA program if he chooses to do s...
Hello, So, I have a rental property that I want to place in my LLC however my mortgage has a due at sales clause. Is there a way to place my property in my LLC without triggering a due at sales clause?
I'm based in CA and just purchased two turn-key duplexes in the Milwaukee area. The seller offered 6 months of free property management as part of the sale and can switch to 8% fee at the end of the warranty period. ...
My morgatge went up from $800 month to $1400 a month have to short sale a house, any advise? This is my investment home on deer island in Florida. Live in Ca.On a fixed income...NationStar will not remodify my loan. ...
I've been representing a client the last few months on a property that we've been trying to negotiate a short sale on with a mortgage servicing company. It's been about 3-4 months. The property has been off the marke...
I am blanking at the moment, can someone tell me what are the exit strategies when buying a delinquent lien in second position?
Thanks!