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So I thought I was buying the 1st mortgage here's what happened.2nd Mrg 200K in 2009 - harris bank 1st Mrg 100K in 2007 - harris bank - this is the one that is being foreclosed, but it also has a subordination file.Th...
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Midwestern markets are like football teams. Many people have an irrational attachment to them. Even if the population is declining, jobs are disappearing, and the city is mismanaged, they still advocate for them. So, ...
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The facts are straight forward:
1. I bought a Home Equity Loan in foreclosure. It was in the first position because a subsequent 'first' loan did not have a subordination agreement recorded. I received and recorded t...
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Hi guys, How are you planning to finance your retirement?What income in retirement do you need?I used to think that if I have about 10 houses, each pays about 2k in rent or so, all houses paid off, lets say after all ...
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I'm wondering if any of you ever sold your primary residence, for any number of reasons. Maybe, like me, you discovered Bigger Pockets and Rich Dad, Poor Dad, and suddenly began to question why you were paying such a ...
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I'm wondering if all of you Arizona investors are still active at the moment. We have had quite a run up but things feel as though they are starting to slow down. Feels like a dangerous time to buy and cash flow is...
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Hi-My wife and I are looking to buy our first property. I’m personally leaning towards a multi family home because I think it’s a great way to get started in real-estate while also having tenants pay for our mortgage....
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My real estate agent has sent me several duplex listings in Killeen varying from 30-85K. I don't have much for a down payment which makes these well within my reach. I only wonder if Killeen is a good place to start. ...
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Hello, I am just starting out and trying to get my first investment property. I am using a conventional loan for financing and putting down 25%. Surprisingly, (to me), I have put in multiple offers on different proper...
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My husband and I recently met a couple who were rehabbing a rental and noticed that they were driving a very nice luxurious SUV, now we learned they have had rentals for 40 years and were ready to begin to sell off s...