My personal assessment of the overall economic risks has hit a tipping point. Decided to sell 4 of our Self Storage locations. They are great cashflow investments. But my overall investment strategy and Risk/Reward...
If a lender in first position forecloses on a property at a traditional courthouse sale, will a second position IRS lien get wiped out? I'm guessing the answer is the same in all 50 states.
What is the difference between a real estate salesperson and a real estate agent?
I have a deal that's come my way through a mutual friend who is doing their first flip. They have a hard money loan for 70% of the purchase price, and need the other 30%. They're offering 12% for six month, interes...
I would like to sell a second position mortgage portfolio I own. Any suggestions on the best way to value it.
We sold a portfolio of properties to a single buyer, all notes are performing. The notes are interest on...
2nd position loan questions
How do you insure you mitigate the risk of not being paid back?
For me I use;
2nd lien on target property or cross collateral property deed of trust
JV agreement
Promissory Note
Pers...
Hi all,I've owned a property in the Shenandoah area of VA since Aug 2022 that has a second buildable lot. I'd like to build on it (if anyone familiar with the area has a contractor they'd recommend I'm collecting name...
Hello. I'm looking into a 1st Position Heloc for my rental property in CT. While I have a fantastic rate, the co-owner's giving me the option to refinance or he'll force a sale. This property gives me significant inco...
Hi All! I am working on a subto deal where we would take over the first mortgage on a ST rental property but would need a lender to finance the equity on the house. Is this possible? I spoke with my lender who obviou...