Ryan Young
Contract w/delinquent property taxes almost equal to homes value
I don't often post on here because it seems most questions have been asked before and I can find the answers without creating a monotonous post. However, today I am stumped and need your help. I found a vacant propert...
Alan Byrne
Will the bank give me a mortgage if I save for a downpayment?
Hi guy's,I have a bank account the past couple of years but haven't saved anything in it until recently. Now I am consistently saving each month for a down payment. I am just wondering by the time I save up for the do...
Gabe K.
Loan Mod: what terms would you use here?
I own this paper and the borrower made a solid offer to start paying $6000 up front and $700/month. He has a 6-figure income and can afford it. Here are the other numbers:MV = $50k and decliningUPB + arrears = $211k...
Latisha Youngblood
Wholesaling Mobile Homes. Need to understand the steps
Hey, anyone can explain to me what are the steps when wholesaling mobile homes. I totally understand that it is treated like a vehicle but I need to get an idea how to wholesale these. I know someone in North Carolina...
Account Closed
Structuring Subject-to on a preforeclosure
Hi Everyone,Has anyone structured a subject-to deal while the seller is in pre-foreclosure? I was thinking about coming up with the missing payments, fix the house and sell it or just keep it as a rental.Will the lend...
Charles Phanumphai
Anyone bought a foreclosure back in ~2008?
Did anyone buy a foreclosure back in 2008... what was your experience like? What worked and what didn’t? What was competition like? How long did buying/closing process take? Would love to pick your brain if you’re...
Jason Carter
Austin Texas Tax Sale Right of Redemption
I am looking at a property on a tax sale list in an up and coming neighbor hood. I tried to search for liens or loans on the property and couldn't find any other than the tax arrears owed. (about 11k)1st question: wha...
Eve W.
How to answer: Where do you get my names and address?
I mail to absentee owners and probates. Almost every calls I get I was asked where do you get my names and addresses. I usually tell them this is public records. Maybe there are more brilliant answers out there, your ...
Bob Malecki
Significant Modification and Phantom Income
We are finalizing our new private equity fund to acquire both first and second residential NPLs. Our current tax accountant has provided us info on the phantom income component which can result if performing a "signif...
Jimmy Rojas
How and where to find people that are willing to sell their home on a Subject to deal
Im located in PHX,az how would one go about finding people that are willing to sell their homes on a Subject to deal, also as an option could one straight up pay the whole remaining loan balance of seller, in that ca...