I may be reinstating a mortgage which fell into foreclosure, and using the property as rental real estate. Is the cost of reinstatement, tax deductible, on the basis that it is the cost of acquiring the investment pr...

I have a house now that is very behind on payments. I want to give the owner some money and fix it up than sell the house. I think the best way to go about doing this is to give her like $5k and get a contract with an...

A homeowner in King County, Washington State just contacted me a few minutes ago about selling me his home which is in non-judicial foreclosure. The auction date is this Friday morning, Jan. 18th. That gives me three ...

I read "Performance Anxiety", I found it very informative.  One topic left me with questions however.  When the 2nd forecloses what happens with the 1st?  Does the 2nd have to buy out the first? What are the various s...

Hi all,
We have a multifamily complex from the 1970s with a cast iron sewer line running under each building.
One of the lines is corroded and we unfortunately just confirmed it is leaking. We expected that at some ...

A homeowner whose foreclosure auction date is this Feb 8th has agreed to sell to me Sub2. I am able to pay the reinstatement amount plus the monthly loan payments. The lender has agreed to accept the reinstatement amo...

Hello,
I'm an experienced investor but I'm new to Texas.  I'm in touch with someone in the Greater Dallas area that's in foreclosure.  The Notice of Sale has passed and the sale is actually set for next Tuesday.  Out...

We have property owner that contacted us about a SFH in Tucson, AZ, looking for help to avoid a foreclosure auction coming on Wed, June 21. The outstanding mortgage is 3.5%.  We estimate the market resale value to be ...

We bought a property subject to existing mortgage. It was behind on payments and was scheduled for foreclosure auction in Texas. Before we brought the mortgage current, the servicer had told us that the Cash Advances ...

I would like to start buying non-performing junior lien notes and I was wondering, with the financial crises far behind us, if anyone had a feel for what the supply of these notes will be over the next 1, 2, 3 and 4 y...