We have a NPL on a SFR property in Illinois with a foreclosure sale date next month. Borrowers finally came to the table for a loan mod earlier this month (they have been disputing the debt for a few years). They subm...
I've been waiting on a short sale as a buyer for the last 5.5 months.
The home has two mortgages.
The first bank approved my offer, and is offering the second bank, Chase, $5K to buy them out. The second bank h...
I did a search of deeds. My deed was made in 2006. The other lender's deed was made in 2007.
I registered the deed at the court house in 2007. The other lender registered at the court house before me. I don't know it...
Hello, I am faced with a decision and would like some advice. I currently have a full time dependable job and about $13,000 saved up. I am wondering if I should put all of my extra income (amount of money left after a...
I have the opportunity to acquire a vehicle at an incredible discount. The purchase price would be 2750 and the retail value would be 8300. A local bank has run the numbers and I can put a car loan on the vehicle for ...
I am a relatively new real estate investor, having purchased my first rental property last year and my second property this year -- both HUD foreclosures which we spent approximately 15K each to rehab. Now, I am looki...
I am trying to decide on financing to build an ADU (maybe 300-500 square feet) to rent out to travel nurses outside of Atlanta in Decatur, GA. Cash out refi and HELOC likely aren't options as I've only been in my home...
I found 2 bedroom 1 bath cottage style house. It needs roughly about $1,200 worth of work (my newbie opinion). So lets just say $5,000 to be safe. The property would be an awesome acquisition. The problem is that no o...
I am rehabbing my parents property as my first rehab project. 180K is left on mortgage and 45K in renovation costs with an ARV of 450K. I am applying for a renovation loan only for 60K.I found a lender (1stcapitallend...
Good morning guys!!!So really quick guys would like to get some feedback from you experienced rehabers. Initially this wasn't even the approach I thought I would take as my 1st project in real estate but after connect...