Michael Turner
Should I lower my debt before investing?
I currently owe $92k in student loans. Payment is $48/month. Loan is forgiven 100% in 10 years. I net 34k/year. $2000 savings. Credit score 683. I want to invest in single family homes. 1. Should I pay down my debt be...
Kristina Lugo
Purchasing/househacking Multi-Families w/student loan debt
I would love to hear your experience with house hacking multi unit properties w/student loan debt. - what type of financing you pursued?- downpayment & closing cost strategiesI’m in Chicago but open to hearing sto...
Travis Daggett
Short sale capital gain?
Does a borrower have a capital gain tax burden as a result of a short sale?
Roma Korenyuk
Does anyone know how 1099C works from a lenders point of view.
I'm trying to figure out the IRS 1099C from a lenders point of view. If and when it should be sent, or if it should be sent at all. How would the total be figured out. Difference between taking the property back as RE...
Will F.
Anyone recommend Debt Collector/Skip Tracer for a significant Judgement
We evicted some problem tenants back in 2010 from a house we rent out. Well after a long eviction and court fees we received a Judgement of about $15,000.
The lawyer wanted 50% to try to collect the fees.
I wanted...
Michael Swope
Seeking help for student loans
My girl friend is in student loan debt. She is having an issue with her student loans (federal and private) and doesn't see the light at the end of the tunnel and can tell she is lost on how to get out. She has a dece...
Greg R.
My Tenants Left owing me $285,925.24!
I purchased a distress 80 unit complex and after working on it and depleting all my funds I have been left with $285,925.24 of uncollected rents/damages created by tenants I have evicted or have broken the lease from ...
Marcus Auerbach
Will student loan debt impact housing?
Just heard some concerns from Gary Keller about $3T student loan debt outpacing consumer debt at a two to one ratio. Looking at the chart this seems far from healthy. And how can it impact the housing market? Gary say...
Tom Bukacek
Obama's Main Streets Bailout Coming this Month
The following are excerpts from an article on Reuters.com:
"Rumors are running wild from Washington to Wall Street that the Obama administration is about to order government-controlled lenders Fannie Mae and Freddie ...
Greg P.
How would you "Tie" this deal up?
Hello, I have a guy who is willing to sell the house for whatever the bank is willing to take. He just doesn't want the bank to foreclosure. Fortunately, the bank is local and the bank is willing to accept a low of...