Hi,I'm looking into purchasing a second lien note where the borrower is in Ch. 13 bankruptcy.  There's $80K in arrears and $100K principal owed. The seller of the note is asking for $85K.  Under Ch. 13, the borrower w...

Hope this is not a silly question, but can you pull equity out of a home that has a mortgage? I was told by a real estate agent that you cannot. If I purchase a property with a loan but I'm paying a mortgage, can I pu...

So it recently occurred to me that I might be setting myself up for failure. Earlier in the year, I bought a new building, but instead of traditional financing, this time I used my HELOC to purchase it. The numbers ar...

175000 owed, ARV 280k.... renters are in place paying 2k on a 48 month lease.  Looking for lenders not brokers for a Cash out refi with the least amount out of pocket. Thank you in advance.

Hi everyone, I am running the numbers on a potential property and Im making sure I am doing this correctly.Here are the #s, if these look right I am paying $803 in taxes on a property that Cash flows $1,574??

Gross...

Hello I know that these loans have predetermined payment schedules for every month of the 30 yr note. My question is what if I make a large principle payment? Will the large principle payment allow my next regular pay...

Could someone please explain the mortgage interest limitations in the case of a NYC Co-Op owner?
For example:
Co-op has 100 units and an outstanding underlying mortgage of $20,000,000 ($200,000 per unit allocated). ...

I just got back from day 2 of the Rich Dad seminar taught by Elite Legacy Education. Our instructor Trevor Evans showed us what they call "Double Principal" payments. This is NOT the same as paying two mortgage paymen...

If one were to make the amortization period for a seller carried loan something like 99 years with a 30-year balloon instead of making the interest payment below "market" would this be subject to imputed tax by the IR...