http://realestateandinvesting.com Real Estate and Investing News and Information Mon, 11 Jan 2010 10:23:35 +0000 en hourly 1 http://wordpress.org/?v=3.0.1 http://realestateandinvesting.com/2009/12/what-is-my-best-option-to-financing-future-real-estate-deals-when-i-already-own-a-lot-of-homes/ http://realestateandinvesting.com/2009/12/what-is-my-best-option-to-financing-future-real-estate-deals-when-i-already-own-a-lot-of-homes/#comments Thu, 24 Dec 2009 00:53:39 +0000 admin http://realestateandinvesting.com/2009/12/what-is-my-best-option-to-financing-future-real-estate-deals-when-i-already-own-a-lot-of-homes/ I own 18 rental homes which totals 32 mortgages. My mid range credit score is 719. What is my best strategy to I can continue to acquire property??? My stated goal is 1 – 2 homes per month but get concerned with mortgage companies worrying about how many home I own.

]]> http://realestateandinvesting.com/2009/12/what-is-my-best-option-to-financing-future-real-estate-deals-when-i-already-own-a-lot-of-homes/feed/ 1 http://realestateandinvesting.com/2009/12/what-happens-to-a-second-mortgage-when-a-home-is-purchased-at-a-foreclosure-auction/ http://realestateandinvesting.com/2009/12/what-happens-to-a-second-mortgage-when-a-home-is-purchased-at-a-foreclosure-auction/#comments Thu, 17 Dec 2009 02:42:13 +0000 admin http://realestateandinvesting.com/2009/12/what-happens-to-a-second-mortgage-when-a-home-is-purchased-at-a-foreclosure-auction/ I am going to bid on a house at foreclosure and it has a 1st mortgage of 0K and a second of K. The lender on the first two mortgages is Decision One Mortgage. The lender at foreclosure is Countrywide. Does this mean that if I buy this house at foreclosure that I will own additional money to the second mortgage or just the first mortgage and back taxes?

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