A few years ago I sold a house to a couple that asked me to take back a second, since they could only quailfy for a 80% loan. I did and now they have stopped paying me, but they are still paying the first wich is a l...

I had a borrower come to me with a request for a hard money loan this week. We are asset based lenders, so we lend primarily on the value of the property, and not on the ability of the borrower to pay us back. However...

I would like to start buying non-performing junior lien notes and I was wondering, with the financial crises far behind us, if anyone had a feel for what the supply of these notes will be over the next 1, 2, 3 and 4 y...

Hi,

I am hoping to get a little information about what happens to a property after it is foreclosed on then later charged off. One of the units in my condo building was foreclosed on about 4 years ago. As f...

Couple things in mortgage news:
NPR ran a story this week about #veterans not getting the forbearance promises made and they are in foreclosure.
Eight days later the VA halted, stopped foreclosures for #VA loans unt...

I am working towards my first rental property and found a property that I may be sending an offer on.  I currently own no properties, and I live and work out of NJ.  I'm looking to buy in FL.I've talked to a handful (...

I made a mistake!My wife and I recently purchased our first small multifamily property which is our 5th rental real estate purchase in the past four years.  The property seemed to match all of our criteria and gross r...

Today in episode 777, David said something very interesting (and frightening) about transferring a property that has a mortgage to an LLC.He said that if interest rates rise, banks can use certain clauses in the mortg...

I'm wondering if anyone has experience with a money lender or other ways to finance an REO that could help me close on this delicate all-cash deal. It's all cash because, for some reason, this bank said no to appraisa...

I found a 4-star hotel in foreclosure. I have investors looking for this type of deal. Do I have a chance to approach the company that owns these hotels? If so, how do I approach them? Can anyone give me some advice?N...