My current mortgage is 70% LTV, so I have called my bank asking for the removal of the PMI. I'm current on my loan and have never been late or missed a payment. I told them per the Homeowners Protection Act of 1998 ...
Hi BP,I own 2 rentals (one outright, the second is mortgaged) and am looking to buy two more this year. I found 2 great deals but I’m going to use private money from a friend. Do I need a lawyer to write up the terms?...
Hi .Just got an offer from a couple to rent one of my properties for an arbitrage purpose (ARBNB) they will provide their own home warranty. Do you guys think if it is a good Idea to rent out to a teant who is looking...
Wow-
Here I come Colorado, there are so many HUD homes that are for sale to bid on in and around Denver, CO. If you look close enough and you know how to price out the exact value of a property there are so many good...
Beside Title search, Title insurance, Real estate tax, HOA fee, recording fee etc...do I have to prepare anything else for the closing after the Trustee Sale Auction ? If it is a cash transaction then how long is ta...
If at a trustee auction you do bid and win, what's next.
My understanding is that the trustee gives you a special title which is from the lender which reports that the lender has released its claim on the property. R...
Hi everyone, I have been looking to establish relationships with money lenders. I am wondering if the terms sent to me by a private money lender are normal? I am copying and pasting them to this post to see if I can p...
What are my options to get out from under an asset that had a major fire, where we had no insurance?This asset (now a liability) is owned under a self directed ROTH IRA.I know there may be follow on negative consequen...
Help please, im not sure what best route moving forward is. (Sorry its a bit long)Situation: In September I took possession of my father in laws second house. The house was in poor condition. (He Was dropped f...
My background is in the commercial real estate financial markets. I have worked on behalf of groups of investors, bond holders to CMBS loans, overseeing over $6bb in outstanding loan balances on any given day.What doe...