Tim Silvers
Solar lien disposition on vacant lot
House was severely fire damaged and subsequently deemed uninhabitable and demo'd by the city along with the solar panels. In addition, the lessee of record is deceased. Death certificate was already sent some time bac...
Kyle Mitchell
Detroit Multi Family
Hi everyone,I'm new to the Multi Family space and am looking at the Detroit market to start investing in apartment buildings of 80+units or more. Looking for B to C+ neighborhoods with rents in the $700-1000 range. I...
Kurt H.
Buying a Foreclosure, Foreclosed on Second Lien
I have a property that I am interested in that has been foreclosed on the second lien. The first lien has been on the property for ~25 years and is likely nearing payoff (assuming my amortization assumptions are corr...
Cody Harter
Mortgage underwriter entry level
Does anyone have a suggestion on how to get started as a mortgage underwriter? Almost all the jobs posted online are for experienced underwriters and I don't see much for entry level. Any suggestions would help.
Than...
Jeremy Wells
Subject-to property now in foreclosure - opportunity?
I found a condo that was sold by 'John' to 'Bob' in 1998. Bob bought the condo subject-to the existing financing. The loan is still in John's name, deed is now in Bob's name. Bob also took out a HELOC on the property ...
Daniel Hart
If a junior lien holder forecloses and owns, how can they get 1st lien payment info?
If I own a junior lien note on a property, and I foreclose on it and take ownership, I can avoid the possibility of the lender calling the loan due.
However, without authorization or a POA from the borrower, it's n...
Don Spafford
Secondary lien holder foreclosure
Can a secondary lien holder start a foreclosure process? If I were to loan some money to use toward a down payment while a bank finances the rest, so I am a second or junior lien holder, would I be able to foreclose i...
Dominique Deleon
JADU attached to SFR on r-2 lot in LA?
Hi All-There seems to be a ton of confusion in the market regarding the new ADU laws in Los Angeles near USC. I’m in escrow on a great SFR with an oversized garage that I’d like to convert to an ADU. Everyone says tha...
Michael Junior
What markets do you have your eye on for LTR in 2023?!
I recently moved from Connecticut to California. I own some units back in CT and sell Real Estate as a residential agent in both markets.
I have not picked up any new units since 2021. And am looking to get back int...
Joe R.
Buying Real Property from Auctions in Fl...
Hello All, had a question, in Florida, when buying from an auction does buying the 1st Mortgage wipe out the 2nd Mortgage?