I am refinancing my home to get my ex-husbands name off and allow me to obtain HELOC to buy rental properties. Which would you go with? I come from a family that belives in paying less to the bank so pay more per mont...
Notes fans,I am holding NPN on a nice house in a great neighborhood (not that it matters all the time) where the borrower has equity. Info:MV: $125kPrin + arrears = $103kRate: 9.90%Pmt: $765/mo. Taxes paid.Borrower ...
I am looking for some input/ideas on a current situation. I have a tenant, married and retired couple, who have a grown daughter (aprox 30 yrs old) living with them. The daughter is in a wheel chair. They live in ...
So I'm doing a lot of research regarding buying notes, haven't bought one yet, but it looks like it could be a bit of fun.
I was checking out some loans on various websites (I'm sure these aren't great deals, same wi...
My brother lives in arizona, He is recently divorced and having a tough time making payments on the house they bought together, BofA and the government modification folks say they cant do anything until she signs a qu...
We've had quite a lot of discussion lately about loan modification companies. Such as this thread. I've contended, and continue to contend, that most of these companies are, at best, useless, and at worst, scams. A...
I'm not sure how to proceed here and hoping to get some opinions on how to proceed. My tenants decided they wanted to updgrade the thermostat so they could control it remotely and tried to replace it without ever noti...
I am a lead generator. I cold call homeowners facing Foreclosure to see if they want to sell the property instead of loosing it in Foreclosure. Many homeowners want to keep the property. What options do homeowners f...
I am the lender on a 3 year loan with a balloon at the end, we are 14 months into it. My borrower came to me today to see if I would accept a $50,000 principal only payment, representing about 50% of the total loan am...
It is getting challenging to get the rent. One of my tenants is not picking up calls or if pickup saying that they don’t have money and making lame excuses and that they are going to talk to their lawyers. I know the...