If I were interested in a particular house, and I know that the owners have stopped paying their mortgage, is there any way I could buy the first or second mortgage?
Do the national guys sell individual mortg...
I'm starting to feel a little more pressure each day.
I've met several wholesalers , banks and such that send me property lists and deals every week and I'm running into tons of great deals in my area.
Unfortunatel...
In 2009, after the collapse in the housing market and after the banks cut off further funding and called in loans, you were able to buy 1st mortgage debt for .10 cents on the dollar. 2nd mortgage liens were available ...
Hey BP Folks,So I am just trying to understand why I've seen so much debate on why some people would rather get a non recourse loan vs a recourse loan...Especially when non-RC are worse terms, higher rates/fees etc..A...
I have been planning to use my 401k to use as a down payment on a home. I have been checking up until this month to see what is available for withdrawal. each month I checked the full amount was available. I just put ...
Hello,I have an LLC that owns another LLC that owns a property outright. It's cashflowing nicely every month and yet, if I want a mortgage, the banks ask for my credit record. At what point do they start treating me a...
Hello all, I'll get right to the point with my questions:
1. When investors purchase a NNN lease and the loan has a large balloon payment in 10-20 years, where do people come up with such a large payment to payoff th...
Hi guys I'm a beginner investor(if you can say that I haven't invested in anything yet). Im 30 years old and I live in the hampton roads area of virginia. I'm an electrician by trade. Anyways my goal is to buy my firs...
http://financialservices.house.gov/tellyourstory/
Hello all!
I'm a novice, so forgive me if I sound naïve.
My property (owned free and clear of any mortgage) is appraised at 100k.
A lender has offered me this to refurb the house:
Loan $30...