There is a potential that I may need to foreclose on a property that I provided a HML on. This was a deal where the contractor purchased the property and I provided the capital for rehab. I've know the contractor for...
Hi,I'm approaching the owners on a pre-foreclosure, both owners, each at different addresses. They are going through divorce and foreclosure. I assume the foreclosure is stemming from their divorce. It is saddening. I...
Hey All,
Quick question, this may be a standard strategy, but what is the best plan when you start thinking about retirement and you own real estate.
You can't eat equity. I know this, you know this, we all know thi...
Can I buy my own mortgage note from the bank for pennies on the dollar? it can not hurt to ask, right?
Hey Guys,
One of my paying borrowers has unfortunately passed away. I found out via a door knock. The agent spoke to someone at the property who was hired to do maintenance on the property and had indicated such. ...
Hello everyone! Context: I am co-borrowing with my brother. We bought a duplex in Reading, PA, with the intention to house hack it. We got this house through a conventional loan because my brother already owns his own...
A lot of people have been talking about this new limit, without much perspective on the issue. The issue is that the GSE's, Fannie/Freddie are going to limit the number of 2nd homes and investor loans that get rolled ...
I've been presented an opportunity to purchase 12 non-performing notes for some duplexes. My question is what could I anticipate the cost being to foreclose on these notes? They are individual loans but are all owne...
☀️I’ve seen a couple posts about people being approved for hard money, then the lender backs out or changes terms etc. I’ve also been warned that some hard money lenders can be a scam. I invest in Florida and Georgia ...
I’m trying to understand what are the tax benefits for having a property paid off.