Hi everyone! I need a little guidance with an investment condo that is underwater in FL.
The loan has an adjustable rate so it is currently breaking even. The rate will adjust in june 2014. The condo is in F...
I have a client who property is underwater and wants to get rid of it but does not want to go the route of a Short Sale. What options are available to help them with the property?
Hey everyone,I live in Florida and would love to start investing here soon, but I'm concerned about the not-so-far in the future rising water level that will likely leave us underwater. Anyone else know about this wh...
I spoke to a VC today regarding investment capital for my real estate investment company. The VC told me he was not interested in real estate investment in Michigan at this time, due to the risk. That's fine, but he r...
When my wife and I bought a new house, we turned her house into a rental. I negative cash flow about $150/month because the house is underwater by about $80k (value $100k, owe $180k). She took out a first mortgag...
someone called off one of my signs and has a house that is underwater and has tennants, is there anything from a wholesalers side that can be done with this situation? I haven't talked numbers with her yet to know how...
Hi guys! I have a question, I am underwater on a property that I cannot sell or refinance because the loan value is larger than the property value. Value = 350k but leveraged out 100%. However I own a sec...
Hey everybody, here is a case for the creative forces of this community. Please feel free, like free-free and I mean really free to pitch in. :D
Ok so here is the deal, house is severely under water, according to se...
Almost related to a young couple that own a condo as a rental that is 60k underwater.
The wife bought it when single as a primary residence at market peak with basically no down. The lender says no adjustment because...
Hello!Looking for advice. I bought a garden style comdo for 94k when I was twenty, that was ten years ago, first person in my family to own my own place, did it on my own with no help from anyone. Then the housing mar...