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I've herd about a technique for getting together funds by opening several credit cards and getting line increases until you have enough to purchase a property, then refinancing out. Sound like a good idea or bad. Has ...
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Joe,
Bad news – Texas has a law that I was not aware of that prohibits wage garnishments. Please see the attached.
I’ve done a little research, and this seems to be a bad law, or at least a bad interpr...
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Here is what I think I know a Lease Option is so far; looking for advice on what I have wrong, if not the entire thing:
Say a man is selling a $165,000 home for the mortgage balance of $150,000 to avoid foreclosure. ...
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Seeking advice from more experienced note buyers. I've been offered a 1st position, non-performing mortgage that has the following status:
There's a second of +/-50k. Home value is about $53k. I rea...
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This is my first experience as a landlord and really don't think I've handled it well. My first big mistake was I got to friendly with the tenants.Mistake number 2 is the first time they were late with the rent I l...
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Got a situation, deed shows owners names that have been dead for 14 years and neighbors state property vacant for at least that long. Property is free and clear but obviously taxes have been paid. So I have found no h...
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At my local REIA meeting, there was a sentiment from the more veteran players (particularly the mortgage brokers) that Fannie MAE/MAC will change mortgage allowance from 4 to 8 soon to help relief the number of forecl...
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I constantly see investors buying up HOA liens at the foreclosure auction and wonder what is the reason? If they had no mortgage or a low balance on the mortgage, I would understand. Most times they are way under wate...