Hello. I am curious to know if you its possible to buy a property subject to its existing mortgage if the bank has issued a notice of default on the property. Lets assume the home owners are delinquent $50,000 and the...
I have a Rental property that is renting for $1850 per month. I owe less than 60,000 and my mortgage is around $700 per month. As of now the house is worth about 250 K. Should I pull the equity out and buy more real e...
I have a potential deal for a SFR, 3 BR 1.5 bath. 4 floors believe it or not. Potential seller is an absentee owner that contacted me from a direct mail piece I sent and he is definitely motivated. ARV shows approx. $...
I know finding lenders to process small mortgages is almost impossible, but I was wondering if anyone has tried offering to pay additional points to the lender to make it worth their time.. if a lender could get 2k o...
Have a question that may be complicated... so I bought a property sub-to (current mortgage is 458k) I am going to sell the home on seller financing to a retail buyer for 699k. They will put 120k down amortized over 30...
Happy New Year all! I want to build a fourth apartment in a three-family that we bought in March and am trying to figure out how to fund the job. Refinancing and HELOC don't seem to make sense. Is it possible to get l...
I couldn't find this specifically addressed in the forums. If I'm using the TREC resale contract (Texas), how do I write the deal to be "subject to" the existing mortgage. Is it possible to use this form? Also, wha...
Hello Everyone,Does anyone know if there's a cheap way to check for 1st and 2nd mortgages without using a title company?
Hello fellow investors! I'm new here and new to real estate investing. Who here is experienced with buying rental properties "subject to"? I'd like to be able to understand when this strategy makes the most sense, and...
I have four existing mortgages and am looking for a fifth one. Anyone knows any lenders who will be able to finance a 5th mortgaged property. Currently I have 8 properties out of which, 4 have mortgages.Thanks.