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I have learned a lot from this forum and think I am finally close to ready to buy my first note, but have some remaining concerns to address. Thanks for providing a great resource, hope you guys don't mind a few quest...
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I was hoping someone with lien expertise can help me understand how they work.Background: a neighbors house has been abandoned for quite sometime now (2009?), property is in pre-foreclosure but bank/company "servicing...
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For the past few months, years perhaps, I've been trying to soak up knowledge in the area of note buying. It has been especially intriguing to me since my partner and I handle a large volume of foreclosures and I get ...
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So I just got off the phone with my financial advisor and he said I'm doing well but he's concerned I'm over leveraged on real estate. He's concerned that if we experience another recession that I will be stuck holdin...
A few years ago I sold a house to a couple that asked me to take back a second, since they could only quailfy for a 80% loan. I did and now they have stopped paying me, but they are still paying the first wich is a l...
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I house hacked by the room for 4 years. As a landlord I’ve had some situations I never thought I would experience.I would like to know the crazy stories of others. I definitely have improved a lot my screening process...
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I have bought one property at foreclosure and attended many, many more. I'm trying to understand something though. If your house is valued at $280,000 (and I believe it to be north of $250,00 based on my knowledg...
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Does anyone have suggestions on "line of credit" associated with land only?
I believe everyone here knows, that I deal with tax sale properties and due to the economy there is a lot of acreage being lost in this way....
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Just had breakfast with an old friend (high school) who has 13 houses, bare commercial land and back taxes.
He is negative cash flow but always borrowed his way out of jams with his equity.
He is foreclosure close ...
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Hello, I am new to investing and am considering buying my first property from a courthouse commissioner sale. I have been looking over the properties that will be for sale at the next auction and have found a property...