Cory Brown
Mortgage Renewal - What are my options
Hi there... Newbie (to the BP forums) Canadian investor here. Hoping to get your input on my upcoming mortgage renewal. Below is a summary of my situation.
- I am coming up on the 5-year renewal of a 25-year mortgag...
Terry Clifton
Debt consolidation or refinance
Hello I’m Broke, I need your expertise:- Own a 2 family in NYC with about $800K in equity at 3.5% interest rate $2600 monthly mortgage- Owe about $85k in credit card debt st about 27% apr….all paid minimum but drownin...
Tiese C.
Trying to get pre-foreclosures to wholesale...
Help,
I have found 3 pre-foreclosures that I would like to wholesale. Okay, here's the scenario.
The first one, original principal amount owed $33,000 recorded in the city records 7/21/04. The city assessed it at ...
Jiva Segaran
Owner financed purchase
Aloha BP ! I have a scenario that I wanted to run by and get some tips, advice and suggestions on. Im going to make an offer to buy my grandmother's condo in Hawaii which she owns free and clear. She is open to it bec...
Account Closed
Best way to sell back a house to an LLC you are member of
Dear BP Members,
I purchased a home about 1 1/2 years ago from an LLC that I am a member of using a promissory note to the LLC. There are 2 other members of the LLC and the home had no mortgage on it (owned outright...
Adrian Smude
How do I find the mortgage balance?
I am trying to find the mortgage balance owed on a property, I was told it's public records on the clerk of court website but I don't seem to see it...? I'm looking in Hillsborough county, FL.
Account Closed
Fairbanks, Alaska - What do I do with this town-home?
I bought a town-home in Fairbanks, AK in the summer of 2008, right before all hell broke loose. It was my primary residence until I left Alaska. For a long time, I was underwater on it and didn't have the cash to ge...
Silas Johnson
interest only loan
Ola,How does an interest only loan work? Lets say for example I want a hard money loan for $185,000 interest only at 9% for 2 years. Does that make my total paid after 2 years = 16,650 / 24 months = $693.75. Thanks fo...
Todd Willhoite
Loan with deferred principal balance
Looking to help a person who has a loan that went in foreclosure where they have about $50k principal and interest due PLUS about $25K Deferred principle, plus other costs which make it add up to about FMV of the prop...
Account Closed
Selling a home back to your LLC
Dear BP Members,
I purchased a home about 1 1/2 years ago from an LLC that I am a member of using a promissory note to the LLC. There are 2 other members of the LLC and the home had no mortgage on it (owned outright...