Jake Kucheck
Obama- Not Sure I Understand
"Right now, Fannie Mae and Freddie Mac -- the institutions that guarantee home loans for millions of middle-class families -- are generally not permitted to guarantee refinancing for mortgages valued at more than 80 p...
Mahan Shahverdi
Short Sale or Subject to
Hey, I have couple sellers that own properties that owe on the more than the property is worth and I really want to use a creative financing way to buy them as a rental or do a lease option on them. It would my 1st ti...
Joshua Andrews
NPN Pricing and Thoughts
First off I'd like to thank everyone on BP who has been providing valuable feedback to me over the last few months. I am in the early stages of building my note investing business, and thus have questions. I can th...
Gilbert Gomez
How can I structure a shortsale to live in ??
I saw a home that is under water $100k but would love to fix and move on but it is a listed short sale and I don't have the $750k to fork out can I do lease options?? Or what options do I have if any? They are looking...
Cody Marck
Home value way under Mortgage
Hello all, My parents own a home in New Richmond Ohio (in town) and owe almost 90,000 dollars on the mortgage after multiple cash out refinancing. What advice can I give them? The market there is red hot and I want to...
Phyl Hays
Reverse Mortgage, Short Sale, Probate, California... Help!
I am the Administrator of an estate in California. Part of the estate is the home of the decedent which has a reverse mortgage on it and is underwater. The agent has a cash buyer and has initiated a short sale with HU...
Ray Jender
Non-Recourse Mortgages With 2nd Mortgage
We will be walking away from our property in Arizona that is under water by at least $50K. I don't think it will ever recover.We bought in 2005 (of course at the peak of the RE boom) using an 80/20. The 20 went all t...
JaNarria Johnson
How to find a homeowner of a foreclosure
I am so terrified as I try to force my very careful self to listen to my rambunctious self say "scared money doesn't make any money". I have a buyer, and could possibly have a seller for my buyer. It would be a WHOLES...
Jeff B.
Purchasing a lease option
My wife and I are looking into purchasing a home, using a lease option. We have every intention on living in the house, and exercising the lease (hopefully 2 years) and completing the purchase. The home is listed ar...
Jennifer Hulse
Need quick advice. Question about short sale
My husband and I are just divorced. We were selling a beach house with closed at the end of the month. It's way under water. But we need to separate everything. My ex-husband doesn't want to approach the beach house b...