I have a home under contract where the owners are deceased and there is a HELOC in place. There is a $30K difference between the credit limit of the HELOC and what is owed. The sellers (the children of the deceased)...

Hi. I am in the process of closing on my second rental property. I will then have a duplex and a four-plex. These bring in more than enough each month to cover utilities, taxes, maintenance, etc. I often here of inves...

Looking for Real Estate Line Of Credit. I am trying to use the equity I have in one of my investment property. Sitting about $250,000 in equity. I rather not refinance and do a cash-out. Are there banks you recommend ...

Hello.  Can anyone explain how an assumable loan works?  I want to help out my parents with their mortgage payments.  Can I make a mortgage payment to the lender on their behalf without any consequences to me or them?...

Hello All,
I put in an offer on a short sale back in Feb for a primary residence . It's now October and we are no further along. I fully understand that a short sale can take a good while and in many cases the bank i...

Is the entire industry plagued by people who think they're entitled to a chunk of every deal without working for it or being responsive to customer needs?I called a mortgage company that is capable of doing 203k loans...

So I am leaving the bank. I won't mention the name but it rhymes with ells argo. Where I was essentially treated as if my business was not important and my investment property was of no concern.

First I will give a ...

I own one rental house. I owe 60k on it and it rents for 675/MO. My husband owns our primary residence. We owe 125k and it is valued at 170k. We applied for a 40K HELOC to finance our next rental under that house. My ...

Can a bank foreclose on a seller financing deal that's owned free and clear?

Also, can someone explain to me in great detail what the difference is between lease options and seller financing is?

Greetings BP,Hope everyone is well this Friday!As the title suggests, there was previous work performed on the SFR (1400 sqft) 4/2 in 2008. The public records show the Engineering Executive Summary Report of recommend...