LG Summers
Foreclosure Sales On Both 1st & 2nd DTs A Week Apart. Now What??
TRUE STORY in progress! You got foreclosing lender A with a $30k 2nd Deed of Trust (mortgage) on a property with the sale scheduled June 15. You got foreclosing lender X with an unpaid $55k 1st Deed of Trust on the...
Craishia Millines
TEXAS - Wholesaling a Foreclosure before Scheduled Auction
Hey guys,I have two appointments this weekend with sellers whose homes will be going to Foreclosure on 10/1. They both have existing mortgages + delinquent taxes - I am wanting to see all options (wholesale, subject t...
Peter Pierzchala
Help Reading Preliminary Title Report for Auction
Is there a way to understand which liens I would assume responsibility for if I buy a bank owned property at auction?The Preliminary Title Report states under requirements of Schedule B-I:10. The matters set forth in ...
Sandy Uhlmann
What Happens to Second lien if first accepts a DIL?
If a first lien is in default and rather than be foreclosed on, all parties agree to a DIL, is the second lien extinguished as if it had gone through a full foreclosure or does it still exist? If it still exists, I a...
Brittany Regts
Renting Homes Outside of Rank
My husband is a medical officer in the military and will be deploying soon. When he does, I will be leaving our duplex for a few months to stay with family. We were hoping to provide our unit as a short-term, furnishe...
Jaxen Farrell
Introduction and my plan
Hi everyone!My name is Jaxen Farrell I am complete beginner to real estate investing besides listening to the BP podcasts and reading multiple books on the topic. I am currently a rising junior attending Boston Colleg...
Kate Pierse
Dealing with 1st lien when buying second lien foreclosure
I was wondering if anyone has any hands on experience working with a bank to pay off the first lien on a property after they have bought a property at a foreclosure on a junior lien. There is a property worth about $3...
Mike Chandler
Possible Short Sale?
I work with a guy who walked away from his home about three years ago and his bank foreclosed on him. The bank (Wachovia) is constantly sending him letters wanting him to resume his mortgage with them but he is firml...
Kassy Vaughn
I’m a junior in high school seeking to learn about real estate.
Hi, I’m 16 years old I’m currently in my junior year of high school in Houston, Tx. Since a young girl I’ve always been invested in myself and growing. Real estate and owning my own business has been a major interest ...
Scott Novak
Hire Employees for out of State Property Management in Texas?
Greetings! I am a California beginning investor/developer building a portfolio of quarter to 3 quarter acre plots to lease to renters for placing their own mobile homes (I call it a distributed mobile home park) in a ...