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 ...
Caroline Gerardo
Saving Veterans from Foreclosure will this change your Wrap Around or Sub to?
VASP opens up March 1st 2024, days away. I warned creative people not to touch VA loans. You might be in a bind now that the VA may make them whole.
Lenore Poole
Should I sell or hold onto my investment property.
I have a single family home that I've been renting for the last five years. Currently my mortgage payment is $800 and expenses another $200 a month and I receive $1,600 a month in rent, so I profit $600 a month. Her...
Bruce Kinser
Question: Want to Sell, but Not Sure How to Go About It.
I have a friend that owns a vacant rental home that she hasn't made a payment in years on and is in foreclosure status. As her real estate agent, I've attempted to work with her and the bank to short sell it. We've ...
Mike Mitchell
How to make a zero interest rate note sizzle!
I have found a note with a upb of 28,500, zero % interest, with 114 payments of $250 remaining. A note at zero % interest is unenforceable in Texas and the note cannot be purchased as it is. I offered $13,636.35 w...
Frank Macias
Finding out if unique property is up to code.
Hello BP members!
I am looking at a unique property in Naples, FL that I want to know if it is up to code. This particular property has 2 single family homes (4/2 and a 2/2) and two efficiencies in the back of the pr...
Anthony Zotto
Best software for Rent Collection?
Hello BP!I currently collect rents in paper checks/Venmo but I am looking to place all tenants in the same place. What site/apps you guys found that works best? Thanks!
Jason Shaffner
Countywide Update
Countrywide to Refinance Up to $16 Billion of Loans
I know we had discussed the idea previously, but I wanted to get everyone's take on this now that it's in motion.
http://www.bloomberg.com/apps/news?pid=20601087&...
Christopher Abernathy
12mo loan mod failed, $190k equity,knocked his door $20k behind
so I have a homeowner that is not working with anyone yet like investors or short sale agents to help them with his pre-foreclosure and he comes outside and says yes let's talk "I'm worried because the bank wont I a...
Brendan Couture
Implications of Buying HELOC in 2nd Position
Looking for some help. I’m looking at buying a secondary lien (HELOC) via foreclosure auction.Would I then have the right to pay off the first lien and own the property outright? That would be my goal.The owners have...