Can a homeowner in foreclosure accept money and quit claim deed their property? And then can that new homeowner try to do a short sale with the bank and be the buyer and essentially the seller?
I have come across a lot of opportunities where a home owner wants out of their original fixed loans/mortgages for various reasons. Thing is all I have come across are current on all payments. After looking at the si...
Your 10 golden tickets explained: Each tax-paying American citizen can qualify for up to 10 Fannie Mae loans. This loan program allows us to purchase rental properties with 15%-20% down payment plus closing cost with ...
Let’s say the worst case scenario has happened, and now you’re at the auction for the property you had to foreclose on. How can an investor afford to open the bidding at the price of the UPB and costs? If you win, d...
Some of my rentals loans have about 20 percent of the debt paid off. Given that we may be going into turbulent economic and times, and I work in an industry going through a downturn I figure now is a good time to imp...
HelloI have been buying properties from the sheriff sale in New Jersey for sometime now. I recently was the successful bidder of a property and when I went to pay the 20% deposit required at the time of winning. I was...
Good evening. Seeking experienced opinions on the pros and cons of my investment strategy. My 1st property I plan to buy and rehab all cash then rent it. once that's done I plan to take out a home equity loan on the p...
A lady called me with a nice house in a nice neighborhood that she wants to sell for what she owes which is $108k, and it is worth $150k. It needs no repairs, since her son is one of my best contractors who told her t...
across the 3 properties i own/co-own, we have 15 tenants right now (+2 vacant units). of those 15 tenants, a handful have had to pay late over the last month. i know a lot of investors and property managers who would'...
Hello everyone,
I'm a newbie to this web site. I'm interested in finding a private lender that can assist me with the purchase of some residential properties and a couple apartment buildings in the Atlanta area...