Andrew Stoll
Do judgments attach to a foreclosed home?
In researching titles, I have found many owners to have judgments against them. Being new to the game, I try not to risk acquiring a home that is owned by someone with a judgment against them, especially if I'm not...
Steve L.
2nd won't allow Seller to get relocation funds that 1st approved
I have a California short-sale approved. The Sellers owes $550k on the 1st. $150k on the 2nd.The first approved an offer around market value (around $300,000) and $5,000 in relocation funds and $4,000 to the 2nd.The...
Aneesh Nainani
Land Trust - JADU owner occupancy
I am building a single family home along with an ADU and a Junior ADU (JADU) in Castro Valley, CA and the county wants to impose a deed restriction which will require owner occupancy of the JADU/Main Dwelling Unit (MD...
Sandy Uhlmann
Risk of owning a note in first position when HOA has a judgement
What happens if you own a note in first position that the HOA has a judgement against?If it is not a super lien state how does this effect the first lienholder? If the HOA forecloses, is it the same as any other juni...
James Free
How does foreclosure work in second position?
Google the foreclosure implications of being a debt-holder in second position, and you'll find a bunch of articles explaining that if the house sells for less than what is owed, the person in second position gets scre...
Chris Seveney
Why jr. Liens can be problematic when in 1st position
This was a great question. Somebody asked me yesterday. They asked, “why do you care about junior lies when you are in first position?“There are several reasons why this is important:1. It typically takes away your ex...
Junior Soares
Texas Property Insurance Providers
Good evening BP, I'm under contract for a 4 unit in Austin, TX and looking for some insurance provider references to obtain a few quotes. I received a ridiculous quote from our not so friendly neighbors at State Farm....
Junior Shay
You can’t use commercial loan on private property?
Hello. So I was looking at one of the mobile home parks in and realtor told me it has to be hard money loan or cash since it’s private property. I’m little confused. I can’t buy private property with a loan? If not th...
Drew Mathews
Can a Foreclosure Auction be for a non-first position Lien?
Hi All, I am curious about the technicalities of Foreclosure auctions. For example, is it possible that second position or third position liens are being auctioned but the First position mortgage isn't?I understand th...
Junior Salters
Newbie from Upstate South Carolina!!!!
Hey guys, name's Junior Salters, aspiring RE Investor from Spartanburg, South Carolina wanting to start off with wholesaling and then work my way to managing cash flow through multi-family homes and even getting into ...