Skher Brown
Newbie, finding local lenders
I need suggestions for local lenders (or how to find them) for the $30k rental repairs I need on my owner occ duplex in Baltimore, Reservoir Hill neighborhood.
The ARV =$200K. Outstanding mort = $30K, 2% Note=$719....
Rajesh Thakkar
Negative Equity Guidance
Negative equity mortgage. One of my close friends has a negative equity mortgage for a property in Florida. The mortgage has passed through several lenders and is now with Shell point mortgage, the homeowner wants to ...
Corinne Faivre
Underwater condo
Hi everyone! I need a little guidance with an investment condo that is underwater in FL.
The loan has an adjustable rate so it is currently breaking even. The rate will adjust in june 2014. The condo is in F...
Mrinal Parashar
Using old landlord's lease
I bought a triplex recently which was managed by the landlord. He had lease with the tenants under his LLC. Can I use the lease he had after making modifications in the original lease.
Gwendolyn Baggett
Need help with a HUD SF Partial
Can I get help for a HUD SF Partial Claim for over 22,400.00. I have sold the property but the loan modification tool place in 2013.
Account Closed
Tenant with special needs son
Bought a 4 plex in south Dakota, inherited a tenant who has a special needs son. His teenage son has muscle control issues along with diaper issues. He is a good tenant but taking care of boy is hard as he is a disabl...
Nunzio Acocella
private lending questions regarding repayment
I am looking to refinance my current mortgage with private funding I have been looking and getting some curious responses which are reasonable. But I notice some similarities with some companies like when they fun...
James Cannon
Rent to Own or Not Rent to Own that is the Question
Hi Everyone, my wife and several friend s of ours have started athe process of a new assisted living facility in the Twin Cities area. We are looking for a four bedroom house that is handicap accessible and one of our...
Parish Benoit
Home Owner wants out of contract that is Sold
I currently have a contract to buy and sell on a property. The property has been appraised by end buyers bank and title company is ready to close on my buy side. The home owner's mortgage company that was about to for...
Rising Tide
Upside down on a lot
I'll make this as brief as possible. I purchased a waterfront investment lot for $300,000 in 2006. It was part of a 1031 exchange. It is now worth $90,000. There are plenty of comps and the bank's appraisal was $90...