My wife and I are using some IRA money to invest in real estate. We will set up an LLC when we create the new IRA and run our Real Estate into that. I reached out to my mortgage guy to run our plan through him and h...
Hello all. I have an opportunity to purchase a house from my friend's cousin for the current amount owed on the loan. She currently has ARM finincing, and is about to lose the house because her mortgage is about to ju...
Sorry if this is posted in the wrong forum, i didn't see one specific to legal issues.
I have a deal worked out and now need an attorney to review the docs, how does one find a RE lawyer in their area who i...
I am working with a client who is retired and can buy the property for cash but wants to leverage.They are retired with little income, yet have lots of assets. Thoughts on how to get reasonable, longer-term (5-7yrs) ...
There is a talk about reducing borrower's principal on their loans to help them stave off foreclosure. I would like to know who has to take the hit when a loan is reduced. Most lenders package their loans and sell the...
One of my hard money borrower has stop payment on his loan. I offered to buy the property for more then the loan amount but he wants to keep the house.this is the first time I am going thru this.Is there a way for me ...
I have a list of dismissed bankruptcy leads for Chapter 7 and Chapter 13. I want to send direct mail out to these leads. Who exactly will I need to send mail to? What does my letter need to say to people who have been...
I am looking for any i sight or helpful opinions. I am looking into a property that has been abandoned for a couple year. There was a fire in the basement and I guess they had no insurance so just wakked away from it....
Hello, everyone
I'm interested in any experiences you've had with a hard money loan to complete construction on an existing property. One of my partners owns a successful entertainment business next to Camden Yards ...
A property owner left the county and walked away from the old house on which they still owed $79K on a 1977 mortgage. Medical issues and need to live with a relative. The owner moved out of county sometime in August ...