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I have a sub to that is facing tax foreclosure. Seller has already signed a sub to contract and auth release. Existing mortgage is 80k but the original holder of the loan was bought out a year after the loan was given...
Hi, I see a lot of information about using future rental income to qualify for a 2-4 unit property. However I cant find anything online about correctly factoring in current income properties into a future property pur...
this lady says "was wondering if it was possible for you to put into the contract that you will be paying off the back taxes on the house and the levy"how do i add this into the contract?
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So we are meeting with a potential seller on Tuesday for a house which we're hoping to get under contract subject to the mortgage. Just looking for some input on our evaluation of it to make sure we aren't missing so...
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So I bought a 4 plex last year in utah from a seller(jane) who has an existing mortgage(via Ditech) on the property. The Contract servicing company("escrow specialists") is forwarding my payments to diTech. Ditech is...
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I'm talking to a lady who would like me to buy her house. I think she is open to owner financing since she needs this to go through.
My question is the house in question has a payoff figure of $109,000. Could I go t...
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My husband and I purchased a house about a year ago; we assumed what was remaining on the existing mortgage. It’s in desparate need of rehab. What are some options for rehab-only financing? We’re newbies when it com...
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I have a bank that will give me 90% LTV but they charge a 1.5% Bank margin on top of prime rate. OR I have a bank that will give me 80% LTV and 0% bank margin. Which should I get?
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Can anyone help explain something regarding seller financing? If the seller still has a mortgage payment, is it still possible to workout a decent seller financing deal? What happens to that mortgage? I guess seller ...
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Hi BP, Just trying to figure out if you can use the rent analyzer from the site to work numbers for a lease option deal? I know what the property will rent for and other expenses, but what do you do with the payment t...