Anyone here understand reverse mortgages.
Anyone know anything about HOA Foreclosures? I know if the previous owner is was foreclosed on had a mortgage then that mortgage survives with the property. My question is if you buy the foreclosure then sell to someo...
I have an opportunity for a sub to deal on a home that is appraised at 205k but the
mortgage is at 237k. Rents in the area are min 1400 and max 1600. Monthly payment on this home is 1547. I wanted to ask if its smart...
Anybody have a CPA they think highly of?
My CPA/JD/LLM's team made a pretty egregious error on my return (that I will have to pay thousands to correct) and gave me advice to set up an LLC for an underwater rental pr...
Hi BP,just for knowledge sake:wandering what your thoughts are on properties that are negotiated to just below asking price. with no repairs needed. rent ready.so say there is a property that is worth 100K, needs no r...
I had a quick question on prepping for the auction. My question is with there being hundreds of mortgage foreclosures listed. How do I know which are going to actually be up for sale on the day of the auction? I'm ord...
Hello everyone,I got a call in today from a seller who filled bankruptcy because she was going to a tough time in her life and didn't want to lose her house. Now she wants to sell it before she gets out of bankruptcy...
I am looking to use my money to be a lender to an investor/real estate agent whom has a project to be started.I just received the contract and it seems pretty straight forward, but i want to make sure and double check...
Does anyone have any creative suggestions for this deal?I have found a homeowner who is underwater, the house is worth 100k and he owes 120k. This property would not cashflow. I have thought about a wrap around mort...
Realizing each investor is in a different stage in life and may have significantly different goals at that stage, I’d like to hear some thoughts on how much equity you like to keep in your property.Economics are stron...