Can someone tell me what happens when a mortgagor files bankruptcy before a foreclosure auction takes place. Is the mortgage wiped out? What generally happens to the property securing the loan?Thank you
It seems like the folks that are actually succeeding at a high rate in real estate have lots of cash, little debt, a strong savings rate, and excellent credit. The folks that are buying while lacking in those areas su...
Hello All.
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Part of our strategy is to develop our own network of real estate agents - using a one-realtor/one-city model, that gives the agent exclusive rights as buying and listing...
Hey Team, here's the scoop....
So I have been trying to fulfill my goal of 2 properties this year (I know, small time for some of you)....I have so far made 0 deals and 0 offers up until yesterday.
1.)First 'deal' ...
I am under contract to purchase a property (closing set 8/4/21). Through a stroke of luck, I have a cash offer on one of my rentals (it's vacant due to a tenant turnover). I'd love to be able 1031 my sale and use the ...
Hi All,I'm currently in the process of refining my house hacking strategy, and wanted to run it by you all to get feedback / thoughts on some of the questions I have.My plan was to use an FHA loan to owner-occupy a 2-...
The best, and worst, I’ve done (with numbers)You make your money when you buy. It’s an old saying in real estate, and I’ve always “known” it to be true… but now I REALLY know.This is the story of both the best overall...
I am seeking a private lender for my next deal. I want to build a relationship with someone to help scale my portfolio and also increase your return on your investment. Can someone give me an example of what a private...
Hi everyone,
My name is Mike, and I am a 1st time real estate investor. I’ve read a few awesome books on real estate investing, and finally want to make this happen! Super excited to be apart of this community.
I a...
I have found an opportunity for acquiring 9 properties that all have steady long term tenants in them. These 9 properties have been a part of an 12 property portfolio that fall under a note of an estimated $1.2m, the ...