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...

Hey all,New here.  I am hoping some of you can help provide clarity to my situation.  I currently own two homes.  One is a rental with about 40K in equity.  The other is our residence with 75K equity.  I am in my earl...

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...

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...

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...

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...

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 ...

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...

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 ...

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...