Lemme ask you something. (Real life karma/ money)

[jnevin]

Two weeks? How many loans are on the property?

2. Their first lien is through a bank, the second is a private note. The biggest issue I've run into is it's a stated loan, no assets left, NOD (6 mo behind) and a super jumbo. Guy's wife/ bookkeeper for their business was t-boned and suffered severe brain trauma. It cost everything and 6 months not working to get her squared away. Now he's just in a position that he can't get caught up with the lender. Kind of sucks.

 

[Lestat]

for some reason I thought you were "Loaded"...................

Maybe it's just your persona........

nah man, I wish. I've got significant savings, but I do not own a home or anything of any subtantial value.

I make double what my father did though, so perspective wise, I feel like I'm on top of the world. I was looking forward to going to college because I hoped it would guarentee me 30K per year.

 

[ZKaudio]

shit i'll buy it... ask them how low they'd go to stay in it as renters...

i'm serious. I can at the very least hook them up with a buyer in 24 hrs if they'll sell at a loss

 

[jnevin]

for some reason I thought you were "Loaded"...................

Maybe it's just your persona........

I think Lestat is very responsible with his money, has no debt, and has made some good investments. $80K can go a long way when you're good with it, have no kids or major financial obligations.

That's what I've gathered from his posts at least.

 

[jnevin]

shit i'll buy it... ask them how low they'd go to stay in it as renters...

i'm serious. I can at the very least hook them up with a buyer in 24 hrs if they'll sell at a loss

It's a Utah property. It would have to be a cash deal.

 

[bw1]

2. Their first lien is through a bank, the second is a private note. The biggest issue I've run into is it's a stated loan, no assets left, NOD (6 mo behind) and a super jumbo. Guy's wife/ bookkeeper for their business was t-boned and suffered severe brain trauma. It cost everything and 6 months not working to get her squared away. Now he's just in a position that he can't get caught up with the lender. Kind of sucks.

OK, so is it the first who filed the NOD or have both of them did it?

 

[feisty11975]

shit i'll buy it... ask them how low they'd go to stay in it as renters...

i'm serious. I can at the very least hook them up with a buyer in 24 hrs if they'll sell at a loss

see to me that would be the perfect investment as long as they agree in writing to make any necessary repairs and upkeep to the property just as they have been. Nice, short term investment and a nice income to go along with it.

 

[Lestat]

I think Lestat is very responsible with his money, has no debt, and has made some good investments. $80K can go a long way when you're good with it, have no kids or major financial obligations.

That's what I've gathered from his posts at least.

that is about right

 

[jnevin]

OK, so is it the first who filed the NOD or have both of them did it?

The first is NOD, the second has added penalties and interest as if NOD was filed.

 

[feisty11975]

It's a Utah property. It would have to be a cash deal.

seriously? Why is that?