My buddy is in a situation that from my point of view is not looking to good.
He currently owes $370,000 with a 1st, and 2nd. The 2nd is a ARM that is about to adjust to make the payment close to $5000 which he will ...
I have reached a seller who I know is under water in his mortgage payments, I have arranged to meet him tomorrow. What is the best way to break it to him that I know he is being foreclosed on? Also, how can I found ou...
Hi Everyone,Still relatively new to REI. My question is, if you know how much someone owes on their mortgage and they are in pre-foreclosure, generally, what would you initially offer? Would you offer what the same am...
I have two properties I am planning to rent as mid-term (30 day minimum) rentals with intent to market to travel nurses/digital nomads. Do these mid term rentals need the Vacation Rental - Dwelling License?
A homeowner recently contacted me to do a Short Sale on their home. The auction date is set for 10/21. The lender is Beneficial HSBC, and I've never worked with them before. Anyone familiar with this lender? Thanks in...
I am looking a buying the note on my grandmothers home. she has cancer,and has moved out. she is fully willing to sign any paperwork for me to get the home. she still owes much more then the home is worth. she also ha...
Hey everyone!
I have a question. Just received my first call from a motivated seller in the pre-foreclosure process. He has 20 days from the 28th of June. I have talked to him, and need some advice. The home is worth...
I have a duplex in New Orleans I bought after the storm and totally renovated it, I had to move to FL to care for a sick parent, and now I am unable to cover the mortgage even with the both units leased. Chase bank is...
I Have been doing some research for Transaction Funding. I specialize in doing the short sale negotiations in our office. I would like some advise as to where to look for additional info for getting started. Any good ...
Hi everyone,
I'm new to this forum. I'm from Seattle and I am currently working on a website about short sales.
Looking forward to contribute and to receive insights!
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