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Results (2428)
Dawn Vought Need Advice - Bank Approved Short Sale But Wants Promissory Note
6 November 2013 | 2 replies

I am hoping for some viable suggestions on this. Here are the facts (with numbers rounded):

-I own in my personal name an investment SFR in Birmingham, AL.

-Remaining mortgage (principal) on house is $...

Fran Flanagan Writing an offer when you can only see some of the units
20 June 2013 | 9 replies

I'm considering an offer on a 4-plex, where the two upstairs units are occupied. Understandably, they don't want people tramping through kicking tires.

The downstairs needs work. If we got it we would plan to tot...

Dwane Anderson Judical sale - Clarifcation on 2nd/jr lein holders
10 April 2008 | 1 reply

I am in a Judical state - Illinois
If property is sold at sheriff sale and the 1st lien is what was auction.
What happen to jr and other lens on property? Do they go with the property in which case the it becomes an ...

Lonell Slaughter Lien vs forclosure what is the difference
3 May 2019 | 4 replies

Hello I'm new to this forum & I really want to get into real estate I have been doing my research but a few things are a lil bit confusing. Two of them are what is the difference between a Lien & a foreclosure?

Vanessa Brostovski Question on home size!
19 August 2009 | 2 replies

Has anyone had any experience with negotiating the price of a home down because of the size? For example, a 3/2 versus a 3/1? I am looking at a deal that is priced well, but wondering about how much negotiating room...

Account Closed What happens to PMI in a short sale?
9 October 2009 | 2 replies

Im currently working on my first short sale, but was curious what happens to the mortgage insurance on a loan that goes through a short sale? I intend to get something in writing from the bank that releases the homeo...

Maurice Nix Multi family experience how to get it fast is BRRRR the answer?
6 March 2019 | 4 replies

I'm looking to move into multi family investments and I don't have the experience to acquire a 30 unit plus apartment building with the loan requirements of Fannie Mae and Freddie Mac loan programs. Is this the requir...

Jackson Tate Buyer's Premium at an Auction?
13 September 2022 | 2 replies

I'm currently negotiationg to buy a home that is being auctioned. The auctioneer states that if we ratify a contract, the earnest money and 10% buyer's premium are due at that time. If I default at any point from then...

April Dickerson Air BnB in Chattanooga TN
23 December 2019 | 4 replies

Has anyone had any luck with Air BnB-ing their property in Chattanooga TN? What occupancy rate could I expect in the Red Bank (north of downtown) area?

Jamie Brasseal Personal Guarantee from Borrower
7 November 2023 | 2 replies

In addition to a Cognovit Promissory Note, I have a Personal Guarantee from a borrower who has defaulted on a loan. I have already initiated foreclosure proceedings.
Does anyone have experience using a Personal Guar...