Apologies if this has been asked before, please just point me in the direction of that post if so. Looking for creative ways to get a good chunk of cash for first property. We have the worst house on a good street. Ho...
If you purchase a junior lien position, can you send balance to bank in first lien position and call it a day? (Through and attorney of course). Or a different process?
I have a few questions regarding the foreclosure process.When you purchase a 2nd position at the foreclosure auction, I understand that you still need to pay the first position off afterward. Do you need to pay the in...
Thanks to @BrandonTurner post regarding “The 100 Ways to Make Money in Real Estate” it is clear that there are numerous ways to get deals done in real estate. More importantly, there are a variety of ways to get fundi...
So I am looking into moving out of state. I own a home in Missouri and I'm planning on moving to Houston area. I've owned this house long enough that I can get another conventional or FHA low down payment, but I don't...
I recently bid (and won) a foreclosure auction in which the bank owns both the first and second positions on a property. For some reason, they decided to foreclose on the second position first - giving me the opportu...
Hey all! I've got a chance to lend to someone for a rehab project. They would like to use a different property (a well performing STR) as the collateral due to the renovation project being a rental property that is o...
Hi All,been looking at a foreclosure property recently that would be in a great location. After going to recorders office, it seems that the first mortgage is the one being foreclosed on, but the owner also took out a...
Hello all,
I have a question regarding my first potential rental property and it cash flowing properly.
I don't have any hard numbers on a property yet to analyze as we are just now getting to that phase of our res...
Hey BP I am about to go under contract on my fourth deal and I am giving private money A shot. I was wondering if I could give more then one private lender first position on my property. I have A few people interested...