My loan in foreclosure was sold to a loan management group. I have been offered a settlement that is a fraction of my original loan but about 1/3 of what the property now appraises at. What form do I need to see be...
How would I write this situation into a contract....
Amount to seller at closing: $2,000.
Amount to back taxes owed: $500
Total Due At Closing From Buyer: $2500
These numbers are just exampl...
I just completed my first fix and flip and have buyers who are interested. We agreed on price terms etc, were under contract for a few days and then I find out their lender can not approve them due to student loan and...
Hello, I have been reaching out to some ads I've seen about a loan. We are hoping to find something that will cover us quickly for about $30k at ideally between 3 - 5 year terms, not less than 2. I've gotten some resp...
Picked up NP Second. Borrower Discharged from BK-7 in 2014 in NJ. UPB $57K . Started servicing with FCI. They indicated to me that I cannot contact the borrower because of the BK by law. They recommended Notice o...
I'm in the middle of closing, and I'm looking to use 100% of funds from 1031 we just sold, on a property we are buying, but I also have a loan already lined up behind that. The 1031 company say I can show cash being ...
Nearly 1 out of 2 marriages end in divorce. Its emotionally and financially painful - especially when splitting property assets as well.
Unfortunately I am one of the statistics!
The lessons I learnt:
Lesson #1. S...
Here's my situation. I'm planning on trying out the BRRRR method to acquire my next rental. I'll be buying the house in my name (no LLC) and I'll be using a HELOC from my primary residence. Am I correct in assuming my...
So tenants have been evicted. I have the judgement for the last FTPR which proves unpaid rent of 2 months. The question is, can i start the process of garnishment using that judgement and on a side i file for a large ...
I have not always been the best when it comes to protecting my credit. I've made a lot of really bad decisions. I'm working on correcting those decisions; however, I wanted to know if it's best to focus on clearing al...