Nathan Gesner
Mortgage foreclosure, $400,000 in state/federal tax liens
We rarely have foreclosures in my area and there's never enough meat on the bones. I finally saw one that looks promising, but it looks less promising now that I've researched it.ARV is $400,000, house is standing and...
Quincy Miranda
Wholesale Foreclosure with no equity
Hi Everyone! I am new to real estate investing and I have jumped into wholesaling. I sent out my first set of mailers a week ago and received my first call! The seller is very motivated and he wants to save his credit...
Joe Smith
questions about buying notes/paper
OK, this idea intrigues me. I was browsing FCI Exchange today.
Questions:
1. If I want to buy notes, do I have to be licensed as a lender or servicer per the SAFE Act??
2. Would I have to service the loans? Or ...
David C.
California Flippers: What do you think of AB968 (starting 7/1/2024)?
You will have to get permits and disclose your contractor ...AB 968 requires the seller of a singlefamily residential property to disclose work done on the property, if the seller obtained title of the property within...
Karlyn Brasselmon
HELP A CLIENT-LOSING HOME
Hi I am not really sure if I am posting in the right area but I have a client who is currently coming out of a loan modification. Her mortgage has DOUBLED. The borrower cannot refinance because her loan to value canno...
Bimal Doshi
Assignment of contract -- attorney's Role
My buyer insisted that I hire an attorney for the assignment of contract.
One of my potential buyer spoke highly of an attorney and so I retained that attorney.
Currently we are under attorney review an...
Tiesha M.
Zoning and Back Taxes in Baltimore City
Hello, I have 3 questions.Can someone tell me how I can find out what the zoning is for the neighborhood where I am looking to purchase a house in Baltimore city? Also, can you confirm whether or not title insurance c...
Eddie P.
Flip a Wheelchair accessible home or convert back?
I am presented with an opportunity to purchase a wheelchair accessible home from a local bank for $68k. It's located in a desirable area in a mostly retirement community in sw fla. Besides the huge roll in shower and...
Shane Schaetzel
Chase last minute deal any advice?
Hello all,
I have a property under contract that will be sold at sheriff sale on the 5th of April. I had a quick package put together and submitted yesterday ( 3/31). Chase states that they received the package, but ...
Russell Gronsky
Creating an In-Law Apartment
Hey all,I'm moving to a new area for work in about 4 months. I'll be there between 2-4 years. I'm planning to do a live-in flip on an SFR and to help me with making mortgage payments while I live in the house, I want ...