Posts Tagged 'foreclosure'

Loan Modification, Investment Property: Can They Go Together?

Posted on: January 5, 2012

Categories: Other Articles

Author: lbuen

Wanted: Loan Modification for Investment Property

Are you having a hard time paying for the monthly mortgage of your rental property? Do you wish there is a way to adjust the rate or payment schedule of your investment property loan just like lenders do with primary homes? You are not alone. Many real estate investors are feeling the brunt of the ailing economy and are wishing that there is such a thing as loan modification for investment property.

Loan Modification – Investment Property Savior

The economic downturn has not only jeopardized the roof over the heads of primary homeowners; the sources of rental income of many real estate investors have also been agitated by the economic instability with many of them going on default and possible foreclosure, while some are starting to have difficulty making their monthly… Read the rest

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Foreclosed Nightmares

Posted on: March 16, 2011

Categories: Other Articles

Author: buyfixandprofit

Foreclosed Nightmares

After months and months of trying to keep your house you get the call that the city owns your house and it will be sold at an auction. What are you to do?

Here are some examples of some individuals who went wild and trashed their old house.

Tampa, Florida

Pure filth. Nasty.

Did the Hulk live here?

A house that comes with a free car.

We’ll draw a clown on the house and no one will buy it!

Spray paint on the house and trash everywhere.

The ceiling is a mess.

Yes, the owner put cement into the toilet.

Related articles

Foreclosure Defense Strategies for Real Estate Investors
Investor Loan Modifications Versus Bankruptcy
Investor Profits $41K While Tenant Cries – Landlord Insurance and Renter’s Insurance are Must Haves!
Landlord Jailed After Trying to Suck Tenants’ Toes

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How to Buy Foreclosures, REO’s and HUD Properties Without Ever Seeing Them!

Posted on: September 15, 2009

Categories: Buy

Author: buyfixandprofit

A busy rehabber and real estate investor does not have the time to view every foreclosure that comes on the market and work out the detailed costs of every purchase.  That approach is not an effective use of the real estate investor’s time and resources.  You will miss out on many good deals trying to analyze the cost of every rehab prior to submitting an offer.  Let’s make life as simple as possible here.

Follow these steps to start submitting multiple offers on foreclosures, REO’s, and HUD properties without ever seeing the property.  Learn to submit offers based on price points and spend that quality time with family and friends instead.

1.  Learn the neighborhood

The first thing an investor must do is learn the neighborhood inside and out that is going to be targeted for flipping homes.  … Read the rest

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