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I am not certain what the best forum category for this question is so I placed it in two. I would like to pose a question to all of the note buyers/sellers out there . What are the steps to assigning market value to...
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In escrow on a short sale as the buyer. A $3,000 credit card lien came up in title report. The seller cannot afford to pay off that lien. As the buyer what options do I have?Would it not be in the 1st line holder's in...
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Hello, I have a duplex in Boston I've owned for around 17 years. Currently in the middle of a large renovation with the goal of converting to two condos and selling individually. I owe roughly 400K on the mortgage a...
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Yay! My offer was accepted on a condo in Seattle. Now comes the not so fun part of dealing with the loan, closing costs, and being in debt for most of my adult life. I'm doing 5% down conventional loan ($310k sales pr...
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During a short sale when the primary lender is owed 361k and secondary HELOC is owed 78k, what happens when the package was submitted to the primary only? How can the secondary position get what is owed to them?
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So I’m in a bit of a predicament. We are selling an existing rental property and want to do a 1031 exchange to avoid the tax consequences. One property that we are looking at to invest in as part of the 1031 exchange ...
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Can it be done? If so what method would you use without front money? Hard money perhaps? Any ideas? :D
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Hello, our tenant unfortunately passed away and we’re trying to understand the legalities of taking possession of our rental property. We were contacted by the tenant’s daughter who informed us that they would remove ...
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hey just a question i have horrible credit but i really have no date and only a late payment or two on my report I'm looking for a good credit repair company too help fix it any suggestions out there
Hello all. I am a fairly experienced real estate investor with no experience purchasing notes. I have come across a property in Tampa, Florida that was sold with seller financing a few years ago. The owner has since d...