Hello, I am new to this game and i want to start out doing direct mail to land properties that are delinquent on their taxes. Not after the county takes it away but before they do. I plan to send letter to these peopl...
Hello, I have a 12 plex in Colorado Springs and First Bank is handling the loan. They recently said I breached the covenant of the mortgage by not meeting their Debt Coverage Ratio of 1.3 in 2022. Due to this, they ...
Just curious if anyone here has gone through the process yet. Everything that I have read thus far states that loan forbearance payments will be due as a lump sump at the end of 30, 60, or 90 days. In other words, you...
If you have a property that has qualified to have the mortgage put on furlough (basically paused, with the monthly payments to be added to the end of term) and you have been able to saveoney through other sources........
Hello everyone! I have a property that was inherited by my dad and he wants to gift it to me. However, there's three of his siblings that are also listed on the deed of the property as it was passed down from my gra...
Hey everyone, this is my first post on here. Just looking to confirm my fears that Trump's executive order today did in fact ban evictions across the country through the end of the year? is this what everyone else is ...
I have brand new tenants that moved in days before the Illinois quarantine started. They are both working from home but have made a comment about “not needing to pay rent.” I explained that rent is still due and the l...
I found a home in my neighborhood that is vacant. I found the seller and have been talking with him. He has moved out of state and is getting a divorce. I would guess its close to the foreclosure state. He says he wil...
hey everyone,
i've been reading up on short sales and had a question. I'm actually interested in a property that is on the MLS as a short sale. It's been on the market for 160 days now. Originally bought for $340,000 ...
Hey all!
New to the forum and soaking in all the great info on here! With 20 year fixed rates dropping to historic lows today, I wondered if it makes sense to pursue a 20 yr fixed rate cash-out refi instead of a 30 y...