Hi all. I'm new here and there seems to be wealth of intelligent advice on this site! My husband owns a condo that we both live in. We are trying to sell it, but it would most likely require a cash buyer or a sl...

I am stuck in a very unfortunate situation. I bought a turnkey in Alvin, Texas and this was my first OOS investment, already had tenants in place. The TK provider company are managing the property by themselves. Befor...

I was wondering if anyone could tell me which process is the most harmful to your credit, Deed in Lieu of Foreclosure or a short sale?

Hi everyone,I'm trying to understand any risks to a mortgage during a recession and happened historically. This will help me understand how much debt I want to take on as I continue to look for opportunities. Two main...

Hi everyone, I have a property under contract and I'll be buying it with a friend of mine. I'll be putting down 20 % and we'll be using his credit to purchase the property. Since he's doing me this favor, I'll pay him...

Hi all,I am in the process of buying a second home and today received some news that is annoying. So we have had the home inspection done and have a closing date in June. One of the deficiencies the home inspector not...

My brother lives in arizona, He is recently divorced and having a tough time making payments on the house they bought together, BofA and the government modification folks say they cant do anything until she signs a qu...

I have a pending deal set up and need info. I am knowledgeable in negotiating and closing short sales but in this case I am not sure about negotiating the deal as I am the buyer. The seller and I have already agreed t...

I own two properties -- my condo and my house. I live in my condo and it is a very manageable mortgage with Chase. After everything shakes out, I only want my condo.I also own a house in Hawaii which is listed for sal...

I'm curious about something I've heard repeated a few times. When a short sale goes to closing is the owner expected to come up with the difference between the sale price and the mortgage price? I've been told that on...