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Results (2630)
Michael Hicks Rehab and loan forgiveness
13 March 2017 | 3 replies

I'm searching for a program, possibly a government backed/grant program that would loan money to purchase and rehab a property with a portion of debt forgiveness in order to make it profitable for the rehabber yet ...

Ray Whaling Interest Free Mortgages
21 December 2015 | 1 reply

Have bought and  sold 2 properties, Took back  0% interest mortgages for 2 year term on each.Both bought at $150,000 each and sold privately for $177,900 each Payments $1,000 per month with an option to buy them back ...

Kenneth McKeown SHORT SALE! Owner owes 3M on his 2M house!
25 October 2018 | 7 replies

Hey all! I just got a very warm lead that is in quite the predicament. I'm very familiar with every aspect of real estate - except short sales. I have someone that currently owes 3M on a house that can only be sold fo...

Sean Dougherty any advice on this "pre forclosure purchase letter"
3 April 2015 | 0 replies

Hello all. So I am trying out this preforclosure venture. Done a lot of research. Found all the listings in my area and have written each of them. Here is the first letter I wrote. I got about 5% response rate so far ...

Sean Dougherty preforclosure purchase letter ANY SUGGSTIONS?
3 April 2015 | 0 replies

Hello all. So I am trying out this preforclosure venture. Done a lot of research. Found all the listings in my area and have written each of them. Here is the first letter I wrote. I got about 5% response rate so far ...

Michael Rossi What are Bernanke and Greenspan Telling You?
4 March 2010 | 12 replies

http://www.washingtontimes.com/news/2010/feb/25/bernanke-delivers-warning-on-us-debt/

With uncharacteristic bluntness, Federal Reserve Chairman Ben S. Bernanke warned Congress on Wednesday that the United States coul...

Les Goss How Note Holders Can Help Struggling Homeowners
24 March 2016 | 4 replies

Just posted a blog with this title. You can see it here: https://www.biggerpockets.com/blogs/7697/49098-how...It discusses using the Hardest Hit Fund if you have a non-performing note in one of 18 states or the Distri...

Ibrahim Hughes Deficiency Judgments & Debt Relief Tax Liability
9 January 2013 | 5 replies

If a seller of a vacant (and run down) property get's debt forgiveness in a short sale, are they liable tax wise (to the IRS) for the forgiven debt if the house was a rental at the time of purchase?

How about it was ...

Ray Jender Non-Recourse Mortgages With 2nd Mortgage
26 August 2017 | 5 replies

We will be walking away from our property in Arizona that is under water by at least $50K. I don't think it will ever recover.We bought in 2005 (of course at the peak of the RE boom) using an 80/20.  The 20 went all t...

Terrence Evans Possibly a dumb newbie question regarding NPNs
9 March 2015 | 7 replies

Ok so let's say I buy a a non-performing note for 30 cents on the dollar and I know that the area is someplace relatively depressed like say Detroit.Let's say that the balance was $30k and the property is worth half t...