Brandt Thompson
How to Qualify for a New Home Loan w/ investment property limiting my Buying Power
I'm early in my stages of RE investing. We bought our 1st home, saved some money and bought a duplex investment property. It's now time for us to buy a larger family home, but I don't want to sell my 1st home b/c I'm ...
Lenna Groudan
How to deal with loan modification liens on a subject-to deal
We’ve got a subject to deal under contract with a $160K loan, $215K ARV. During the title search we discovered 2 additional liens for roughly $11K each. We have the documents - they are both loan modifications that ...
Scott Cox
Sub 2 question
After completing a Sub 2 deal I called the mortgage company to get info needed to send them a Autorization to Release Loan Info. I'm trying to get duplicate notices regarding the loan sent to me. They said I need to...
Jonathan Hayek
What could go wrong with this Subject To?
I've never done a Sub To so I'd welcome any insights. I have a lead from a guy about to be foreclosed on. Set for January 25. He owes 222k on his loan and $12,500 immediately. He's paid nothing since June. The house i...
Carlos G.
Joint venture, one party goes to jail
Hello,
So in 2015 my friends enter in a joint venture agreement for sale of property to renovate and flip this 4plex.
The agreement is between friend 1 and friend 2 is to put money upfront as friend 3 facilitate...
James Vermillion
Short Sale Contract Help
All,
I am currently working on a short sale and things are moving along. The seller is currently compiling all the neccessary paperwork, filling out the authorization to release information, and completing the finan...
Omar Alvayero
I need some legal binding forms
Hello BP community,I have some leads on Subject to and Lease-Option.. But I don't know where to obtain the following forms:1) Authorization to Release Information2) Grant, Bargain, and Sale Deed3) Limited Power of Att...
Brian V.
How do you make the best use of an attorney's time?
I need an attorney to look at some contracts I want to use for purchasing "subject to" in the state of California. I need him to make sure they are legal and educate me on how to fill them out properly.I also want him...
Troy Michaels
Power of attorney to inquire into loan
Where can i find a example power of attorney to be able to inquire into the loan status of a homeowner's loan. im putting together a subject to deal. thanx
Brett Gibson
Financing Structure: What would you do?
I have SFR 5/3 that I purchased for $200K (hard money 8%) - I’ve remodeled it with about $80k (my funds) in improvements. The ARV is between 350-375k.My initial plan was just to sell it and take the profits. But after...