Jeff Bowman
Deed in lieu or New Loan?
I live in a nonjudicial foreclosure state. I own a nonperforming note. My last option is to foreclose then auction the property on the courthouse steps. I would rather make an arrangement with the debtor. The problem ...
Kanan Azizli
Real Estate Investment Trust
Hello everyone! How are you guys doing? I am new to this forum so I may not know some rules or traditions of this website.I am very interested in real estate investing, especially Real Estate Investment Trusts. I am t...
Colby Zeller
Is turning your investing ventures into a LLC a smart move ?
Ive been reading a-lot about lending and how to get approved for the loan you want, I recently came across a section about how creating a LLC will turn residential lenders away from you. I was planning to create a LLC...
Brad Hasseler
Working to buy a house before foreclosure second mortgage issue
I'm working with a family to purchase their property before they go to sheriffs sale. The price will be what ever is owed because they are also in bankruptcy. The catch is the second mortgage on the property. Accordin...
RJ Walker
Need some advice on difficult property
Hello all! I'm new to BP, hoping to learn alot from the folks on here. Came across a potential client who is a friend of a friend. They're a couple whose property was damaged in the CA rains last month from a landslid...
Elena S.
Buying a Rental with 24 Liens on Title
Hello, I am under contract to purchase a triplex in Kentucky. The Seller has declared Chapter 13 bankruptcy and the property has 24 liens on the title. Most of the liens were addressed in the bankruptcy filing and the...
Lee Allen
Foreclosure Redemption Question
Does anyone have any experience with foreclosure redemption? I have an opportunity where a house went to foreclosure after the owner died and the children didn't do anything with the property. There was only $70K owed...
John Kelley
Asking for private money.
I am still just starting out . I am a new investor trying to get my first deal. How do you get pass the nerves and the scaredy-cat of yourself of asking people to borrow private money? It’s kinda hard for me to do so...
Maurice Daniels
Equity
Can you borrow equity from a home that's already paid off?
Ivy Flowers
Seeking homeowners who are about to lose their home
I was curious how often do people seek those that are about to lose their houses to the bank? Typically do they just offer to pay off there mortgage debt or is it plus some? What is an even trade off?
What documents...