Hello Everyone, I am new to BP, I am trying to understand about mortgage positions in a title search. Would be a great help if someone can provide details.
A property first mortgage is recorded on some x date
A secon...
Hi i found an investment home that the purchase price will be too low for the bank (which wants to lend at least 65K) any suggestion how one gets around purchasing homes for less then 60k?
Hello all!I have a potential deal off a yellow letter campaign I did.It has a $29,000 IRS lien.I was wondering if I was able to negotiate this lien? I have gotten two different responses from two different attorneys. ...
Hey everyone,New investor here. I just read and took comprehensive notes from three books on real estate investing:- Long-Distance Real Estate Investing (David Greene)- The Book On Rental Property Investing (Brandon T...
wI have been looking for a 4 Multi-family unit in Montgomery county - Takoma park and and Nort-West DC area for awhile.My intention is to live in one of the units and rent the remaining. I am using the Mortgage loan f...
If we got our current house with a VA loan and have lived in it for a year-and-a-half (since refi) , I believe that satisfies the primary residence requirement . Could we now rent it out and buy a new house using rema...
I have a seller who wants to sell a commercial property that is cash flowing NET $5,856 per month. The seller is asking $1 million because that is what the property appraised for (based on comparables and a FUTURE pro...
If you had 100k in your SDIRA where would you deploy it if you wanted to remain passive but wanted to understand the business. Not accredited just yet, so I can’t invest in syndications 😞
I have good credit and I bought some properties sub2 and I do have the deed on them. The interest rates on them are around 6 percent or higher. The banks are wanting to loan on houses 80 percent of purchase price. So ...
So, I have a seller who desperately wants to sell there house to me. They have 2 mortgages on a house but say they will sell me there house for the first mortgage and keep the 2nd mortgage. Together the 1st and 2nd mo...