Terms in CRE lending that everyone should know...Adjustable Rate Mortgage: Mortgage where the interest rate adjusts periodically up or down through a set index. Also called a floating rate mortgage.Adjusted Gross Inco...
I've been investing in real estate for over 20 years, mostly buy and hold condos and a few flips. I've been saving money to buy a multifamily property but it's been two years, a few close calls but I have not been ab...
Recently, I have heard more talk of people investing in contracts for deeds that are non performing. I haven't seen these type of notes offered on the traditional platforms and I was wondering who sells these type of...
http://www.sltrib.com/business/ci_14649910?source=rss
I realize this article is from a Utah paper and has a Utah slant, BUT read through the article. Actual # of homes in foreclosure jeopardy is expected to go from 2...
I'm just creating a search engine trail with this post. :-)I originally requested $20-25,000 in funding preferably cash. When I spoke with Carl (Bernie) Garland he said that they could probably get me twice as much wi...
Just got approval for short sale. I owe $200K on beach property and have an offer for $90K. In the short sale agreement it states that the lender or its investors may pursue a deficiency judgement for the difference...
Hi,
I have been reading the posts and have set aside money for an emergency funds for our rental properties. The funds are currently sitting in a bank savings account earning close to 0.01% interest. I am w...
Hello,
This is my first post here and I would like to say thanks in advance for any insight and advice.
Here's my situation:
I have two rental properties that I own free and clear. I've been building up some cas...
Ok I must admit this is not my idea but I have seen this done by a couple other people and it got such a great response I decided to do it myself for Maryland. This should be good and help start up some great networki...
Good Afternoon,I'm looking to see if anyone can provide any help or direction. I just learned today Richard Roop and his company were shut down by the State of Colorado last year for alleged Ponzi scheme and securiti...