Hi guys, Here is my situation. I have 3 properties i stopped paying for and soon or later the bank is going to take them. Between all 3 of them the mortgages and missed payments are about 1.2m. The real market value o...
I've heard that HELOCs provide asset protection. Let's say I own and live in my own residence and take a HELOC (but not withdraw the money). I don't see how this protects me. Can a lawyer not find out that it is a HEL...
I've been reading and reading and reading about strategies and all things REI. I've learned about preforclosure and subject-tos, etc.
But, I've also learned that Maryland has squirrely laws about such things.
As a ...
I know a person that walked away from property at the first notice of foreclosure. The title/property is still in their name, the taxes are in arrears and as far as the city/county is concerned they still own the prop...
I live in SW Florida where I owe $335,000 for a house surrounded by homes forecloure specialists are enjoying profits from selling at $125,000 (in much better condition than mine), and at least another thousand brand ...
So I before I started shopping for my first property, I called the mortgage broker that I used the last time I purchased a house. I decided that the rates and closing costs he quoted seemed reasonable for a 30 year te...
I posted this on the landlord/tenant forum but also want some input on the Philly sub as the property is located in Philly. Mod - feel free to remove if I am violating any rules. Apologies in advance.This is a complic...
Ok, so I've been debating this all day and I need some help from the community.I have a married couple who want to rent one of my units and they seem very nice, but they have a checkered past with Credit.Here is the s...
Setting aside for the moment any criminal or landlord registry checks, I'm curious to see what type of credit checks y'all use and how well they work for you. To the best of my knowledge, there are more or less three ...
How often does a person in my situation get assisted with buying their first property through a lender?