Stephanie Cabral
Preforeclosure, owes what home is worth but very delinquent
Hi all! Looking for advice on how to work with a homeowner who is about 2 yrs in arrears. House is worth $250k, her loan is just about that but she's $54k in arrears. Her monthly payment is $1300. House is a 4/2 in a ...
Jason Kang
HELOCs, Home Equity loans, etc.
Hey all,I'm at the stage of securing my finances as I start to explore markets and look for an investment property. Given that I'm still young and have limited resources, my parents have been generous enough to offer...
Edward Kuk
Recession Financing - when decline in value eliminates equity
Hi everyone,I'm trying to understand any risks to a mortgage during a recession and happened historically. This will help me understand how much debt I want to take on as I continue to look for opportunities. Two main...
Gil Ganz
Months left on performing notes
HeyWhen buying performing notes do you tend to prefer ones that have a longer period left or a short one? There are advantages to both sides, would like to hear your thoughts on the matter. For sake of discussion, I ...
Matthew B.
How to evaluate cash out refi with a blanket loan
I own a bunch of rentals free and clear, and I'm looking to free up some cash so I can buy a few more. I'm looking into blanket loans -- one loan for multiple properties. I figure this will save me some closing costs....
Shannon X.
How could I lend money?
I'm interested in learning on how to take the steps into lending money and being paid back the money with interest. How would I go about this? I kind of want to become a private lender to others rather it be for real ...
Nicholas Wallraff
Need help! The bank wants me to sell my property.
First off, This is my first post outside the confines of the local forums, so hello to all you wonderful people!A little background, I am a seasonal Wildland firefighter for the U.S. Forest Service, this means I'm gon...
Greg Gaudet
Need 90-100% LTV for incredible cash flowing Maui triplex
Dear fellow BP'ers, please help! Here's my situation: I have a good job and a six figure w-2 income, as well as an 800 credit score. I have 20k in liquid cash funds and probably about double if I sold my investments. ...
David Harsh
Looking for high cap rate opportunity; Where/When
Mortgage lender has approved me for right around ~1M for another property. I am looking for the best option right now to maximize my passive monthly income (Less concerned about appreciation) and intrigued by a commer...
William Rushton
FHA Loan on MFH with Current Tenants
Hi All,I'm using a FHA Loan to buy my first home, which is a duplex. I'm from Chicagoland area, and I'm running into a lot of duplexs that have confirmed tenants. I am planning to make a bid on a home today with this ...