Hi,I was just trying to know what may be risks(hidden) involved with private lending on first lien.I hope there must be many experienced investors and lenders here...if you guys wants to share your experience..Thanks
I'm trying to help a friend walk through this and I have a good grasp of subject to but I'm assuming loan assumption is totally different. Any clarification on this one guys?
I was looking at a property thats estimated value was 87000 but the asking price is $15000 for an auction. Does this mean that the auction is starting at $15000? I dont exactly know what value based bid is
I have a question...I co-signed last year with a relative of my on a car loan. I am listed as the primary borrower and she is listed as the co-borrower on the loan because my income was higher and my credit scores wer...
I have a question on what to do with a NPN 2nd Note. I would appreciate it if somebody can provide some insights. I currently hold a 2nd NPN subject to the 1st note(current) on an investment property in Upstate NY....
My wife and I own a house and we just bought a beach property. We did the beach condo as a 2nd home (I did it truthfully with the bank, and they know i am doing it as a STR...incidentally, they required I self manage...
Hello all,I have a line on a property in San Antonio. It has a reverse mortgage on it (approximately $120,000). I have been speaking with one of the heirs and they are looking to get rid of it. My question is, what wo...
Hey everyone,
I recently ran into a scenario that I believe to be mortgage fraud (i.e. you go to federal prison for this one) and I wanted to warn others of lenders that offer this scenario...
A borrower came to me...
I recently had two successes with Adequate Protection Orders for borrowers in Ch 13 BK. The APO is another way to deal with a borrower's delinquency in their BK plan when it negatively affects a creditor. If a borrowe...
Dumb asses didn't record their lien on my property in the county records. I just found this out when the title company couldn't find it. I couldn't find it either. When I closed over a year ago it was not at a title c...