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Can a lender (CU) who has a second mortgage on a property, which is going to foreclosure, sue the homeowner for the amount owed?
The first lender is foreclosing on the house.
Thanks
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Hi - so I finally got started here in TX and have a contract on a fixer-upper house. I think its a good deal - but doing the first of everything is so hard for me because I'm not totally sure what I'm doing. I pray ...
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First, let me introduce myself to this great community. My name is Brad, I've had a career as an electrical engineer for the past 10 years. Investing is something that is new to me, but its also very exciting. I've al...
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Hi allI just bought my first house hacking property in bloomfiled NJ. It is a single family home in a legal 2 family zone with 2 floors and an attic. I plan to live on first floor and rent out the second Fl and attic ...
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Context: I'm an investor-friendly real estate agent in Minneapolis/St. Paul. On this deal, I was representing a moderately experienced buyer whom I have worked with twice previously in a purchase of a relatively new ...
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Hello BP members! I am a new member to BP and for about a week now I have been listening to the podcast nonstop. About Me: My name is Jason Stoddard. I have a beautiful 7 year old daughter named Bianca and my wife ...
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Hi All,
I closed on my first duplex this week and started working on one of the units today. One unit is already rented and the second is vacant. While doing the inspection I was one of the baseboards was dam...
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I'm about to close on a Quadplex in Cincinnati OH. The property has 4 units, all 800 sq ft, but in the basement there is a 500 sq ft room with a bathroom. I'm wanting to convert it to a studio apartment to make some e...
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Hi Everyone,
Just kind of wanted get everyone's opinion on this. I am putting offers on some of my first houses in Maryland to flip. I just wanted to hear some of advantages and disadvantages to having a general cont...
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I have a property listed for 375, 000
Has a business using 7,000 sf of the first floor it has 3 total floors with a total of 21,000 sf I may have the deal worked to buy the business which will pay the building 2000 ...