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Results (719)
Wendy Stapleton Insurance company covering rent
26 March 2022 | 2 replies

Has anyone had a tenant whose rent is being paid by an insurance company? I currently have a tenant that was placed in a property for 6 months when I had a management company. I am now managing the property myself and...

John Reid short sale taxes
4 July 2010 | 5 replies

My partner came upon a possible short sale deal today totally out of the blue. Found a homeowner who has received an eviction notice after living a house for 4 years. Said his monthly payments went from $500 to $900...

Daniel Calderon Buying a profitable lemon rental
25 July 2014 | 14 replies

I am buying an old house built in 1953 that has problems. The house is slightly settling in the back and the plumbing is "iffy". It's basically a lemon and if I get an inspection performed, it will not pass. That bein...

Stephen Gathman deficiencies and promissory notes
1 April 2010 | 7 replies

Do a lot of closed short sales result in the sellers still being on the hook for all or a portion of the shortfall? For example, would a home selling for $200k with a loan amount of $370k likely have something like th...

Shawn Abadie 2nd position lien-holder / foreclosure issue in NJ
22 September 2014 | 4 replies

Hello all,

I'm a member from AZ, but have a brother in NJ with a complicated issue. Small house, $6000 left on mortgage with 1st bank. Equity line of credit with 2nd bank. Brother doesn't want the house any longer...

Edwin De leon New Foreclosure National Moratorium - How does it affect short sales investors whom flip them
11 October 2010 | 8 replies

New Foreclosure National Moratorium - How does it affect short sales investors whom flip them.

I am just getting started going after short sales to flip them to other investors, so am I too late here and missed the b...

Caleb Whitney Unrepresented Homeowner
7 February 2010 | 4 replies

Ok so if a homeowner comes to an agent to SS. An agent that I'm already working with. Can that agent just go ahead and represent me and the homeowner would be unrepresented? I just spitballing here, I haven't run t...

Account Closed What is the best way to learn about buying/selling notes?
16 July 2012 | 9 replies

Any books or online resources?

Todd Willhoite Short sale and income tax consequences to seller
5 January 2017 | 4 replies

I entered into a short sale contract June 3, 2016.  The bank has taken a long time to approve and now they say we need to close in 3 weeks.  The seller is now concerned that he may have income tax liability on the amo...

Ben Bakhshi How to protect assets in a recourse loan? Or is non-recourse best
6 March 2016 | 3 replies

We are deciding between several loan options in the ~75% LTV range.Non-recourse options are ~1% APR higher than full recourse.We are also leaning towards fully amortized 30 year options, as opposed to their 5 and 10 y...