I need to get rid of a dog deal that I'm underwater on. I owe about $30,000 more than its value. The lender is a local bank. I have the cash to pay the difference, but it is a big chunk of my liquid money. I have ...
I've done a lot of reading on Bigger Pockets and know that tenants like to threaten to sue, but have you actually ever been sued? Can/will you tell us about it please? I think this exercise will be a good learning t...
Greetings all.My first post. I hope everyone reading this intro is well. Goodness your way.
All:Has anybody had any luck negotiating down a pre-payment penalty? I currently have a seven figure note with a local bank and am currently required to pay a 3% pre-payment penalty if I refinance it with another bank...
I am a realtor whose looking to purchase a personal home and to rent out the lower level for passive income. I've applied for mortgage loans for the past three years with favorable outcome. I am searching for a differ...
Hey, Guys!I’ve got a property that’s for sale by owner and the owner is warming up to the idea of Seller-Financing. Is there anyone that’s wholesaled a seller-financed property before? Any complications I should look ...
This is a brief synopsis of today's Credit Industry Changes Workshop ...The changes in the credit industry discussed at the workshop today went into effect on June 1st - my mistake: I thought they were coming on July ...
What are they?
Do you invest in them....
A potential partner and I are trying to come to terms on an equity split for our partnership. I'd love to hear opinions of all kinds regarding what's fair, preferably from those that have been a part of this type of d...
My main question is if I give the owner a down payment does the bank require an additional down payment when I go to refinance with them? This is a four unit building at 470K. I’m planning to give the owner 75K down p...