Gershom Lewis
Preapproval for a new investor
Good Day to all,I am starting out, and need to start my preapproval process. I rather not go to every bank under the sun, and would like to know how to choose a good broker, or do anyone know of a bank I can start wit...
Justin B.
Buy note, foreclose on the property, rent/flip?
Is this a viable strategy, to find a local note, buy it if its non-performing and just foreclose and rent or flip it? How hard is this to do?
What are the steps involved in doing this?
Does this happen ...
Martin Kruger
Buying a 2nd mortgage at Sheriff Sale
Would be happy to hear about anyone buying a 2nd mortgage at Sheriff Sale or advise.Here is what I am looking at per the Owner and Encumbrances Report I pulled-1. 1st mortgage from 5/1999 securing the original amount ...
Abdenour Achab
Statute of Limitation on Notes secured by Trust Deeds - California
In California, the statute of limitation on unsecured promissory notes is 4 years from the date of the first default (with several exceptions). More generally, the statute of limitation on written contracts is 4 year...
Cameron Adams
Oregon foreclosure
Does anyone know what the minimum bid at sherif sales auctions are? Do I need to call the lawyer doing the foreclosure or the sheriff before the auction? If the property doesn't sell at auction is there anyway that I ...
David Millet
Need Advice about suitable market for investment
Hi. I am new here. I am planning to sell my sf home and move to a less expensive area where I can purchase a home and investment properties. My budget is approximately $800,000 total including cost of repairs. I am...
Kevin Walsh
Does city need to allow a JADU on a two-house R-1 property?
I am looking for a real estate lawyer who has knowledge of ADU (accessory dwelling unit) law in California. I'd appreciate recommendations.My question: Is the city of Hawthorne required to allow an existing 450sf JADU...
Kaleb R.
Owner Financing and Taking back 2nd mortgage
Hello Everyone,I hope everyone is well this morning. I’m taking an online class and the subject today is Owner financing. I have a question in regards to carrying back a second mortgage when owner financing. The mater...
Tony C.
HELOC for rental properties in NC
Does anyone know if there is any lenders can provide HELOC using rental properties as first collateral? I have a BOA HELOC for my primary residence, but they do not offer HELOC for rental properties.
Blake Carlile
Promissory Note - Signatures / Enforceability Question
Hello! I'm a private lender and recently received a signed promissory note from the borrower that looks well and good (based my research of all things that should be in a note), but it doesn't have a signature line f...