Comments on: How do I invest in real estate if I had a foreclosure in the past? http://chicago--real--estate.com/how-do-i-invest-in-real-estate-if-i-had-a-foreclosure-in-the-past/ chicago--real--estate.com Sat, 31 Jul 2010 07:01:45 -0400 hourly 1 By: Andrea http://chicago--real--estate.com/how-do-i-invest-in-real-estate-if-i-had-a-foreclosure-in-the-past/comment-page-1/#comment-293 Andrea Mon, 08 Feb 2010 15:59:01 +0000 http://chicago--real--estate.com/how-do-i-invest-in-real-estate-if-i-had-a-foreclosure-in-the-past/#comment-293 <a href=""><a href="http://www.precisionaestheticsmd.com/">Thermage Stretch Marks</a></a> I know of a hard money lender that will finance you if you have the down payment. They will expect you to repair your credit in 3-5 years to payoff the balloon payment. Contact me if you are interested. Thermage Stretch Marks

I know of a hard money lender that will finance you if you have the down payment. They will expect you to repair your credit in 3-5 years to payoff the balloon payment. Contact me if you are interested.

]]> By: Add Real http://chicago--real--estate.com/how-do-i-invest-in-real-estate-if-i-had-a-foreclosure-in-the-past/comment-page-1/#comment-292 Add Real Fri, 05 Feb 2010 06:25:36 +0000 http://chicago--real--estate.com/how-do-i-invest-in-real-estate-if-i-had-a-foreclosure-in-the-past/#comment-292 <a href=""><a href="http://www.usa-relocate.com/buyers.cfm">Vancouver WA Realtor</a></a> The easy answer is to find a credit partner. You provide the cash- he has the credit. Both of you or at least an entity the two of you control is on the deed. Vancouver WA Realtor

The easy answer is to find a credit partner. You provide the cash- he has the credit. Both of you or at least an entity the two of you control is on the deed.

]]> By: Alterfemego http://chicago--real--estate.com/how-do-i-invest-in-real-estate-if-i-had-a-foreclosure-in-the-past/comment-page-1/#comment-291 Alterfemego Thu, 04 Feb 2010 06:22:20 +0000 http://chicago--real--estate.com/how-do-i-invest-in-real-estate-if-i-had-a-foreclosure-in-the-past/#comment-291 <a href=""><a href="http://www.housegrabber.com/california/">California Real Estate</a></a> 30% isn't 100%. You will need financing. And if you don't qualify, then you don't qualify. California Real Estate

30% isn’t 100%. You will need financing. And if you don’t qualify, then you don’t qualify.

]]> By: v b http://chicago--real--estate.com/how-do-i-invest-in-real-estate-if-i-had-a-foreclosure-in-the-past/comment-page-1/#comment-290 v b Wed, 03 Feb 2010 20:42:06 +0000 http://chicago--real--estate.com/how-do-i-invest-in-real-estate-if-i-had-a-foreclosure-in-the-past/#comment-290 <a href=""><a href="http://www.reddingsrealestate.com/">Redding CA Real Estate</a></a> If you have 30% cash for a new place, exactly how did the old one get foreclosed on? Any sane bank is going to ask why you walked away and refuse to lend on a new property. If the condo was rental property, you won't be able to exclude the cancelled debt income (you kind of break even eventually, but you'll have to pay the depreciation back). Redding CA Real Estate

If you have 30% cash for a new place, exactly how did the old one get foreclosed on? Any sane bank is going to ask why you walked away and refuse to lend on a new property.

If the condo was rental property, you won’t be able to exclude the cancelled debt income (you kind of break even eventually, but you’ll have to pay the depreciation back).

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