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Situation:
Brother owes $143,000 on mortgage
House Value(according to comps) $121,000
Offer Home to lender as a short sale for $100,000 (sister says lender may take/she is a realtor in Atlanta).
I would purchase.
An...
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Hello fellow note investors, I have a question. I have two re performing notes that justg started. However some of my investors are getting antsy. What are some ways to refi out quick?
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Hello,
My brother and I received a house from our father (act of donation in june 2008), the house is a two family unit, estimated value of $70,000. The house is clear of any mortgages, liens (no money is owed for it...
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I know of some Phoenix-based investors that submit short sale offers and place people in the house to "guard" it while the bank is goofing around with the offer. They collect "rent" and pay nothing on the mortgage fo...
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I am doing more income stream deals and want to know if this is a good approach for a passive investor for a jv partnership deal. Any inputs would be appreciated. We are putting a tenant buyer in the house for $500...
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So many lenders will not touch a small deal. Could this be a remedy and if not why not?
1. Assume there are 10 investors in the City X who purchased with their own money 10 properties. Each property has ARV significa...
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Hello BP community, so I am considering making an offer on a property (my first) but I'm going to be using a hard money lender. My questions are: When using a hard money lender is the offer presented to the seller as ...
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I have several options where people want to partner with me on a Flip. I don't know where to start as far as how do I actually structure what is fair for both and then once we know how to structure...how do I set it ...
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I'm curious of others opinions on investing in the funds many hard money lenders offer vs. just lending your money on one-off individual trust deeds. The advantages of the fund:-doesn't take any of your time at all, ...
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I am doing seller financing on a property I own and my attorney recommended Allied Servicing Corporation out of Spokane Valley, WA. Is anyone familiar with their services or have used their loan servicing before. In ...