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I wanted to get some advice or perhaps some guidance on what other people's experience with hard money lending bank vs private individual investors is. As a first-time RE investor, I don't have the upfront cash to fun...
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I’m a real estate agent and have been approached by a neighbor who is in the very last stage of foreclosure (within the month). We are meeting with them tomorrow to discuss and view their home. At this point we couldn...
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I am a data guru/excel junky and part of my professional gig is building automated tools using Excel and Access and lots of coding and macros. I have built a simple (in my highly automated subjective opinion) excel s...
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Hello BP!
I am not new to forum, but I read more than I post! I was wondering if any of you who purchase Tax Liens, Mortgage Liens, HOA liens, etc could shed some light on something. I have a house near my neighborh...
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I recently assumed a mortgage with build in equity. I'm planning to turn around and sell this property and I'm curious as to what my cost basis would be for taxing purposes. Just to make this simple. I paid $30 k to g...
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This is an excerpt from a client report:Many chattel lenders are under the impression that SCRA does not apply to them based on materials published by HUD in which HUD disclaims any authority over the chattel lending ...
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We usually invest our idle money as a private lender. We get the negotiated interest rate on the money we lend. We don’t participate on the upside, but we don’t have to do anything else after we lend the money. I’ve ...
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I have found a note with a upb of 28,500, zero % interest, with 114 payments of $250 remaining. A note at zero % interest is unenforceable in Texas and the note cannot be purchased as it is. I offered $13,636.35 w...
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I see/hear people "snubbing their noses" at homeowners that are defaulting on their payments because they just don't want to pay for something that doesn't have the value of what they are required to pay for. Usually ...
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So my wife and i are at a crossroads. She has been offered a job in the Atlanta market, and my job has the potential to transfer. Problem is, we've only been in our house for a year in the Nashville Market. We boug...