HiIf I buy a foreclosure from the second position for say $200,000, subject to first mortgage of lets say $300,000, and then the first position forecloses - my understanding is it forecloses the original owner, and no...

Good day, All! New to this whole note buying business and I have run across an interesting scenario that I'm hoping you all can help me out with. I just bought a non-performing 2nd note on a home where the 1st note is...

If a plan passes where the government shells out a bunch of money to write down principal and adjust rates to get people out of trouble what will happen to the rest of us?

Lets assume that for every house that has st...

I've been looking for properties in the Miami area from SFH and multi-unit properties . But everything I search looks over prices , most of my property searches have been through MLS. Is there any active investors i...

Good afternoon,I am trying to buy or assume my neighbor's home loan from, what looks like to me, a sketchy finance company. Originally we thought they were just the debt collector but they served him papers for a judi...

This question lingers in my mind and I'd love to hear from investors/ landlords who survived the 08/09 market downturn. I invest in my backyard and it hasn't taken as big a hit as other coastal cities did. But I've he...

I am in contract to purchase 2 bedroom 1 bath townhouse in Burlington NJ for $20k all cash. This house is about 15 min from my rental in Willingboro NJ. It will rent for $900-1000 a month and needs about $5k to be ren...

I have a problem that has me completely stumped at the moment. I have a property (1 unit of a duplex) that is currently tenant-occupied. The sewer line runs out of my unit, under the lawn and driveway of the other uni...

Hello All,So I'm looking for some personal opinion, preferences, and insight.I'm beginning the search for my second property (first closes on 7/8 hopefully) and I would like to either use the FHA and 3.5% down route t...

Hello everyone!This is my first post on BP and just want to first thank everyone in the community for the helpful information and encouragement they have provided, particularly to those of us just starting our real es...