Laura Turner
Short Sale with Second Mortgage
I made an offer on a short sale property with a first mortgage by a large major bank, and a much smaller second mortgage through a local program to encourage homeowners to invest in their home. Both mortgages are ...
Paul Murch
Can you reverse a stripped mortgage?
A 2nd Mortgage, for which I hold the Deed of Trust, was stripped during Ch. 13 bankruptcy in 2013. The value of the home was approximately the balance of the 1st mortgage at the time, so the court had no problem strip...
James LaRocque
Insurance Question as note holder
Hi All,
I received an email from my servicer the other day saying that my borrower would like to file an insurance claim for a leaky roof. This brought many questions to mind real quick. In further discussion with ...
Lian Chavez
Newbie in Tulsa, Oklahoma
Hi! We’re new member and looking for a group to join for free and gather ideas and opinions in our area. Thanks in advance!
Loren Whitney
Life changes... Renting my primary only 9 months after purchase
Hi everyone,
My family and I purchased our first home in May, 2012. We moved into our new home the same day we received our keys at closing and have loved everyday in the home since. Many life events have transpired ...
Ayinde Dick
Does title insurance protect my foreclosure purchase
I I recently won a foreclosure auction conducted by the city of Jacksonville in Florida. I purchased title insurance along with a homeowners insurance policy immediately following the sale. I waited the 10 days redemp...
Maxwell Dolgin
Boston REI Novice
Hi all,
The name is Max (short for Maxwell). I'm one year out of college and also full time as a Financial Analyst in downtown Boston. Always been a REI fan, yet never took the first step. Now that I have more courag...
Michelle Santhanam
Do I need liability insurance for a flip on the market?
Hello all, this is my first time posting although I have been making great use BiggerPockets for a while. I am new to REI and closing on my second flip in just four days! Just as a little background, my first flip w...
Jon Schoeller
How To Keep Earnest Money?
Hello BP! My partners and I flip houses here in Charleston, WV. We flip between 45 and 50 houses per year and have done so for the last 3 1/2 years. We recently ran into a little streak of houses falling out of a cont...
Meena Balaji
New Member from Bay Area CA
Hello everyone. Excited to be a part of this forum. I'm from the Bay Area . A techie my profession who loves her job. But Im also interested in real estate.. We became chance landlords this year when rented out our pr...