Hi Everybody,I have a seller who is severely upside down with the bank. He is on title for the property, however, is not on the mortgage. He is the main point of contact with the bank, and has had multiple conversatio...
need input from people that have been in this situation and survived. I am conflicted with this situation at the moment. I had 3 rentals several years ago and got rid of them after getting married. it's been 3 years s...
I'm trying to borrow 75K on property worth 150 - 170K but things have apparently gotten so tough I'm having trouble getting approval. Property is on Gold Coast of Chicago, rented below market and still cash flowing...
Thanks ahead of time for any pointers or advice. I am in contract on a short sale. Junior lien came up in title report. Ditech is 2nd lien holder. SPS is senior. Seller has already qualified for short sale with SPS. N...
Here to help so ask away....
All - I am trying to sell my house to my tenant. It would be a huge WIN-WIN. I need to get him qualified for financing. I went through 3 mortgage officers and brokers I worked with in the past... they all told me the ...
So my wife and I are about to end up with about $8000.
How would I best maximize my money in real estate?
I want to manage my risk wisely.
My wife and I are primarily interested in buy and hold.
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Hi Everyone,I am getting ready to place offers (letter of intents first) on a 24 unit building I'm looking at. This is a value add deal and is not bank financeable due to condition, mismanagement, and lack of document...
Would like to learn how a personal guarantor is compensated for taking the risk. Sponsor just purchased a land to build an apartment. Sponsor is in the process of set up an LLC with multiple members put in equity mone...
I have 3 homes I rent out and my debt to income is too high. I have a 4bed 3bath under contract in seattle wa 98118, 1400sqft home. I'm buying it for 375k, arv is $500-600k... Does anyone have any suggestions?