Let me start with "I'm a newbie."I've started hearing a little bit about rate increases for homeowners who used the government's Home Affordable Modification Program (HAMP) loan modifications beginning in 2009 (5 year...
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This is actually my second HUD home, but I didn't do much research 7yrs ago when I bought my first one. This time I monitored the bid results and did my own analysis for how my local market was doing. The recent avera...
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I have multiple rental properties but am asking with this situation as it is my first time encountering this.The facts are: I have a management company who manages a single family home for me. The tenant while living ...
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I saw this item on an email from my servicer and am concerned if we are violating any state regs for NC since we have loans in Charlotte and one of my VAs has been doing the consumer outreach for workouts. Our service...
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Hi all,
I just closed on my first home in Leavenworth Kansas and will be house hacking to build my initial portfolio. The basement has already been finished, however, it lacks 2 egress windows for each bedroom and a...
I've been considering getting into note investing but was told to avoid it because of the dodd-frank act could be a big problem. What is this act and why is it a problem for note investors?
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Good afternoon! Looking for advice on a tenant who I sent an eviction notice 60days ago and today I was told he was not moving. He states he spoke to a lawyer and they told him he did not have to evict since the notic...
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For the experienced mortgage note buyer....My question has two parts:1.If I am purchasing a non-performing note do I add the arrears as fees to collect from owner when modifying the original note?Just a scenario:last ...
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My question is when someone goes into a loan forbearance, why does the loan company put a suspension on payments?
My neighbor at one of my properties in PA missed 3 mortgage payments. Her mortgage company gave her a...
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Hey team, in AZ we are not required to have architects when doing flips or rehabbing residential property. Wondering if anyone has used Upwork, Freelancer, etc. for blueprints. Any recommendations?