Oliver Petit
Short sale on a WaMu financed condo
This is a great site, just discovered. I
am going through an arduous process with WAMU myself.
My case:
I have a Condo (primary residence)
1st and 2nd mortgage with WAMU
total owed: $680K
I knew I would get into troub...
Quan Chau
Rent due date change
Hi guys! I have a SFR and my tenant wants to change the rent due date because of COVID. The tenant was paying rent on time at the height of COVID last year, but now is saying she wouldn’t be able to pay on the 1st bec...
Robert Carpenter
Private money loan contingencies
Suppose you borrow private money for a deal and the deal goes bust. Now with a bank mortgage there in normally a 'deficiency clause' allowing the bank to try to seize other assets you may have if the foreclosure proce...
Benjamin Cowles
A few newb questions
I hope this isn't too long but I've read and podcasted a lot now but these following questions remain obstacles in my confidence to move forward at this point so any help with any of this would be much appreciated. 1)...
Alan Diamond
Eviction Strategy Question
We have just acquired a new property and we are having issues with one tenant. She has a spotty payment history and has already broken a deal we stuck last Friday to pay on Monday. Rent was due on the 1st and here w...
Thomas Smothers
Contract for Deed- lender? trying to foreclose not as agreed.
My wife and I entered into a contract for deed nearly 2.5 years ago. We talked about refinancing with the seller but there wasn't a specified time period by which this should be done nor is it in the contract. We rec...
David Stone
Anyone Use "Cozy" to manage rental properties?
Just starting out and considering using https://cozy.co to manage my rentals. Was wondering if anyone has used this and if so if it is any good?
Tom W.
Help with HUD partial Claim
So Was in the process of purchasing a property from a homeowner in foreclosure, She owed less than as is value and was going to actually receive some money from sell and the numbers still made sense. After speaking wi...
Mark Buchheim
Debtor filed a lien / loan on his property to himself (fraud?)
This is a weird and possibly illegal activity. I won a $50,000 judgment against someone. His only asset is his house. He has a first and second mortgage and he knew that I was going to put a judgment lien against h...
Chris Gawlik
How to avoid buying a second deed of trust at an auction?
I was wondering if anyone had any experience at buying at auction more specifically in California, but any state will do. How would you know if you were bidding on a second deed of trust at an auction? I have heard of...