Real Investor Match » Paid

What can I do if an individual won’t release a paid in full mortgage on my property?

Editor — Thu, 01 Apr 2010 20:58:30 +0000

We own an investment property. We obtained a loan from an individual 5 years ago to start our own business in which the individual used our investment property as collateral and filed a 2nd mortgage on it. We paid the 2nd mortgage off in full 9 months after obtaining the loan, and the individual refuses to file the release of mortgage, there are no other penalties owed to him etc. He is also the landlord on the commercial space we rent for our business, and he likes having the mortgage lien on the investment property as insurance he will get his rent every month. Rediculous! We are now trying to sell the investment property and he has caused us to lose one buyer because of the title issue, by some miracle we have another buyer, does anyone have any creative ideas other than a lawsuit in civil court? This guy is not a brainiac, but he does have a decent lawyer, everything he owns is in a trust and the mortgage was funded out of that trust. There just has to be a way to force this guy to do the right thing and stop using these mafia tactics to push us around. Help!

I paid cash for an investment property in CA. It’s now rented. What are my options to get cash out of it?

Editor — Thu, 25 Mar 2010 01:59:05 +0000

I purchased this property 6 months ago. It has been rented ever since. The property is in California. It would appraise for $65,500.00. I would like to take as much cash out as possible to replenish my savings. Preferably it would be a loan of some kind with a fixed interest rate. What are my options keeping in mind I have only owned it for 6 months, it is an investment property, and the loan/HELOC will be for way under 100k?

Credit is good I have an investment property that is paid in full should I refinance or get home equity loan.?

Editor — Thu, 18 Mar 2010 23:59:13 +0000

I want to consolidate my credit card bills and use some of the cash for more property.
I want to consolidate my bills and use some of the cash to purchase additional properties.

i want part time job without investment online job but to paid correctly?

Editor — Thu, 18 Mar 2010 11:58:16 +0000

i want job which keeps me going with out any risk.that is without investment any one to advice?

Is interest paid for home equity loans and used for investment property deductible?

Editor — Sat, 13 Mar 2010 15:58:58 +0000

Paid off investment home. Can I take a 1st mortgage on that property or must I go with a home equity loan?

Editor — Fri, 12 Mar 2010 07:58:24 +0000

My brother and I need cash for a business venture and would like to take a loan out against an residential investment property that we co-own free and clear. Is our only option a Home Equity Loan? Ideally we would like to take advantage of the lower rates of a standard mortgage.