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So I went on my first appointment today which came from a post card off my pre-foreclosure list. Still not sure exactly what I’m doing, but I’m comitted to taking imperfect action as I learn the ropes. Here are the de...
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Heres the deal.
A friend of mine told me a woman he knows is either going to loose her home at the end of this month or she is going to stop paying on it this month and let the bank take it. She has started moving i...
Hello everyone. Thanks in advance for reading and replying.Currently buying a property through VA assumption with a second mortgage company to cover the cost above whats owed by the seller. Underwriting for the assu...
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We are builders and developers in the Dane County (Madison, WI) area. We currently have one duplex completed that is rented and cash flowing approx $1,000/mo. However, we have another that is negative cash flowing $50...
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Good afternoon, folks. First time poster here trying to figure it all out before I jump into the pond. I have a few buy-and-hold prospects with good leasing margins, but I don't have the 15-20% down for a mortgage on ...
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Does anyone have a list of questions to ask a potential tenant's previous landlord during tenant screening? When I've called previous landlord, many of them have required me to have a written list of questions and ...
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Hi all,I have a 1BR condo in a very desirable location just outside Washington DC (Alexandria, right off King Street). I bought it for $280K in 2006, could sell for $265K, and currently owe $233K.My main concern is my...
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Why do all lenders hard money, commercial, etc. not want to lend on a property with a mobile home and an Single family home on the same piece of land. What is the risk for all lenders on this that turns them away. I...
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Okay guys, literally my next door neighbor went into foreclosure and lost their house three weeks ago. I would like to purchase the property ASAP. How do I go about this procedure? I know the bank already through loo...
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I'm hoping someone can clarify a scenario I am running into on a turnkey property in Birmingham, Alabama. I have bought two other properties from this seller and everything has been smooth sailing so far.The third pro...