Hi Guys! I have a question that may be logical, but since it's dealing with notes, I don't want to make assumptions. If a home has high equity, and let's say I purchased the 2nd, while someone else owns the 1st. If th...
Hi,I'm trying to get a good grip on buying foreclosures from the courthouse steps in Texas when the property has a 2nd lien. For example, the sale mentions the first lien, the primary, from the main bank foreclosing....
My name is Fade and I'm a wholesaler based out of Maryland and I've done a good number of deals over the past year and a half.I've been studying subject-to transactions for the past couple months in preparation for th...
Hi All,
I'm just now starting to explore the possibility of Subject to existing financing.
Can someone please help me explain this to a listing agent?
I just got off the phone with absolutely no luck. The re...
I am currently holding a 2nd mortgage on a property that I sold to a homebuyer. He is now in default for over a year (I am still making payments on time on the 1st). I don't wish to start a foreclosure process or a d...
Hey gang, It seems that I post most threads under this forum, simply because I know who follows it and who's going to respond ;) Thanks in advance. So this question has two parts, or two angles. The general pictur...
BP Experts, I have a question about buying non-performing first notes. This one involves family so it really hits close to home. Recently, my grandfather passed away. Losing his income means my Grandmother cannot a...
Biggerpockets,I just bought a home through conventional financing a few months ago. Now I'm looking at a duplex that I want to get a conventional loan on but make it my investment property. In order for me to get this...
Scenario -- seller has foreclosure sale date in a few days and they are 25K behind. Their payments are $1650 per mo. I was thinking of bringing them current, taking over the payments, and keeping them in the house, un...