Melanie M.
Pre-Foreclosure Subject To--Bad Idea?
Hello BP Nation, I am a rehabber/buy-and-hold investor. A possible wholesale deal has fallen into my lap, and I would really like some help from the talented and insightful BP populace. I am a fish out of water in thi...
Bill Hargrove
Past due lawyer fees
Hello,I live in New York State and back in 2012-13 I had gone through the foreclosure process but was able to pay back up and currently reside at the same residence. After paying $11,540 and four years I assumed I was...
Aaron Hearne
Buying a House that is in foreclosure process
There is a house that was on the sheriff sale list but got pulled. It is in foreclosure. I know the Owner of the house and she was pit in a nursing home and cant pay her mortgage. How do i buy it from them and what is...
Colin Heffernan
Airbnb Reinstating Retaliatory Reviews After Removing Them
We had a guess try to extort us for a free stay at our Airbnb. They effectively said they would leave a bad review if we didn't fully refund their stay. When we didn't offer them money back and they left a bad review....
Pat P.
Advice on Calculations to Foreclose Non-Performing Note
I want to foreclose on an old note. Willing to pay $100 for best answer to all questions asked below to show appreciation for your time. Please DO NOT raise statute of limitations issue. Questions are bolded below: ...
Andy Mirza
Reminder to forward invoices regularly to servicer!
We had an unexpected reinstatement come in from one of our delinquent borrowers. Good news is that we got a decent chunk of money that really puts us in a good position on this loan going forward. Bad news is our loan...
Eboney Jones
Need advice: Reinstate a Foreclosure with little to no equity?
I need some advice about whether or not to reinstate a house we have under contract or let it go to auction. We have a line of credit that would allow us to pay the reinstatement and essentially keep the house as a su...
Scott T Brady
Possible to buy a non performing 2nd to stop 1st foreclosure?
I'm working with a seller to stop his foreclosure; the 1st (Wells Fargo) has been in default for over two years, foreclosure is scheduled April 1st, they are still interested in being reinstated. A 2nd (US Bank) is a...
Mike Neubauer
Wrap around mortgage
Looking for a quick rundown on wrap around mortgages and my potential deal.
I had a seller call from my short sale marketing. He has am upcoming sheriff sale on March 1.
Judgement is $110k ($100k mortgage and $10k ...
John Podpora
Subject To opportunity
Need some advice about whether I should proceed with a deal that would by my first Sub to. Property: 3br 1 ba 1050sf in Portland OR valued at ~$260k.Loan: principal balance ~$199k @4% with PITI= $983 per month.Amount ...