Hey guys,
Quick question. What is the typical scenario if you own a 2nd NPN on a rental property that is very underwater, and the borrower files chapter 13 BK? Best exit strategy?
Thanks.
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Details:- Floating house on Lake Norris, TN, $35k purchase price- $210/month mooring fee for the marina- Comparable rental units range from $100/night to $400/night in peak time (June - Early September)From what I've ...
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I am a new member from the Baltimore/Annapolis, MD area. I appreciate everything I have already learned and been given through BiggerPockets and it's members. Now as a new landlord and a young investor, the more I lea...
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Hey everyone!I'm compiling some research for a report, blog post, and possibly a book.If you suddenly had an extra $250,000 in cash, how would you use/allocate it in your real estate investing business?(assume you cou...
I am new to investing and I am interested in flipping I think I would like to use a hard money lender or private lender. The question I have is; how do you find these two types of lenders and what do you say to them....
Hi Everyone,I am new here and I came here because I am Australian and I bought a property in Texas with a real estate company. I waited for almost 1 year and a half for it to settle, and although I have received the f...
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I have been offering for many months to try to assist him to avoid foreclosure but his pride would not allow him to take action.House is located in Cerritos CATotal debt including mortgage, HELOC, etc is 839k House AR...
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Greetings..I am looking to get into tax lien purchase..starting with Baltimore City..I am still confused about certain things like HBPs or if I should wait until the OTC list comes out...so anyone with experience in T...
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Hello everyone. My name is Perry and I've been a BP podcast listener for about 6-7 months now. Since it seems customary to introduce oneself on the BP forums when they're ready to get to work, I'd like to take this op...
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This weekend, I'm participating in a FinTech hackathon at ATDC (startup incubator at Georgia Tech) [http://atdc.org/atdc-news/advanced-technology-deve...The idea is a group of software developers work through the week...