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Hey, Started to gate tapes from different sellers recently and i noticed a few columns which i'm not sure how to interpret and what is their impact - Corporate Advances/Deferred Balance, can anyone shed some light? is...
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Good morning BP!So I want to try and buy my first note. I don't really have that much capital, but I want to start out somewhere and learn what is all involved. I am already registered on fciexchange.com, but really h...
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Hey BP community, couple quick questions for you all this morning in regards to a property I am looking to take over subject to the existing mortgage. •Can I acquire the home if the owner has filed for Ch. 13 bankrupt...
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I have a lead, but I am going through my options and I am not sure if there is a potential deal here. This will be my third deal, so I am not very experienced and would like to hear from you. Please let me know if m...
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Hello BP,I am being offered a property for pennies on the dollar. I would be buying the LLC which owns the property. It’s a good enough deal that I am willing to put in the work to try to get a settlement. The liens a...
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The interest on a HELOC are paid on my present balances each month during my draw period? Or is my interest only starts kicking in after the draw period ends and whatever my balance is then? Thank guys in advance.
F...
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Terribly sorry if this has been asked before, how do I calculate the maximum cash-out refinance amount I can do if I already have a HELOC on my primary residence?Primary residence is valued at $375k$150k mortgage bala...
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Hi Guys,
in FL,
HOA is foreclosing on a house in a week - Lien of 25k.
the property also has a 1st position loan (Reverse mortgage) that also just started proceedings with no set date or "Final Judgement" numbers ...
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Glad I found this board!
I am new to this..
I have owned 4 rentals for 14 months now in Seattle Area.
I evicted a party of two in a townhome. One of the people went MIA. The other roomate paid their own portion and ...
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I have a question about a section in my purchase and sales agreetment I plan on using.
It reads the following...
EXISTING MORTGAGE (s): Existing financing on subject property will be current in all payments of princ...