Aaron Almquist
Difference Between Min Bid and Reserve
Does anyone know why the minimum bid allowed at an auction is not just the reserve price if they won't take anything less anyway? Seems like it just waste people's time or am I looking at this the wrong way
Samuel Ksiazkieicz
80/20 Mortgages...both by same bank? Options?
Hey yall, Ive come upon a few 80/20 loans that were written by the same bank and was wondering if there is any different way of dealing with them. Seems to me they would have to go as a normal short, but I wasnt sure...
Ali Langston
How do I buy non performing notes
I'm interested in buying non performing notes. How do I get listings of available notes from banks/hedge funds.
Jimmy Klein
My friend defaulted on full recourse loan and have a question
Ok so here is the summary. A class C apartment was bought by my friend not too long ago. I invested 20% as a silent partner and there are two other partners. The loan balance when the complex was bought was $2 million...
Roy Williams
Chapter 7 Question
Hello everyone. I own 9 lower income rental properties which I bought 6 years ago. It turns out that low income properties are not the way to go and a long story short is that most if not all are under water and not...
G F
Taxes and Foreclosures? HELP!!
Hi all,
I am hoping someone can help me understand something regarding foreclosures. About a year ago, my sister and brother in-law just walked away from their house on Long Island, NY (Suffolk County). They, like ...
Lorenzo Decaria
Name on the mortgage but deed in LLC
Hi, I'm new to the forum and here's my first question.I just acquired a rental property and paid cash. I'm looking to refinance it once I deed it in my LLC name. I'm contacting lenders to have a DSCR loan and they see...
Paul S.
homes that cannot be financed
I keep hearing of homes that cannot be financed through traditional means due to condition deficiencies like broken windows, non-functioning kitchen, no running water, etc. These are examples but is there an actual li...
Kenneth Biason
Foundation Issues for House Hacke
Hello,I currently have a verbal acceptance for a potential house hack on a side by side duplex. It is a very old home (1890's) but looks mostly well taken care of. I cannot tell if anything is wrong in the foundatio...
Vince Wiley
Single Family Rental Analysis
I have found a nice remodeled 2 bedroom 1.5 bath house for sale by owner for an asking price of $69,500. The home has been very well taken care of as I could see by viewing the property. The home has all new carpet,...