All Forum Posts by: Victor Oben

I have a homeowner whose house burned down. It's likely a teardown. He currently has a mortgage in place, and is going to be getting a check from his insurance company. If I wanted to wholesale the land to another investor, how do I determine the value of the land in order to wholesale it? Also what happens to the existing mortgage? Does the insurance company pay off the bank?

I have a property with a mortgage and a judgement attached to it. I want to take over the mortgage sub2, and negotiate on the judgement. The problem is the first is in pre-foreclosure with 3 weeks left before the sale.

- Do I start the process of negotiating on the judgement?
- How does this work if the sale is a couple of days away and the I'm still negotiating on the judgement. Do I still take over first sub2?
- Is it possible that the second refuses to take a discount after realizing I've taken over the first? How should I approach this?

@Brad Hammond How would I determine the value? Would I still be using residential home comps?

I'm not very familiar with zoning or how it works. I've got a seller who wants to sell a residential house with office/institutional zoning. Is this something I can wholesale? There aren't really comps for this. How do I determine what it's worth? Is there a specific sort of end-buyer I could market this too?

I've got a homeowner who's in pre-foreclosure but doesn't want to sell because he has nowhere to go.
He's 73 and on social security. Since he doesn't want to sell, I want to at least point him in the right direction. What are his options? Here are a few I can think of:

- File for bankruptcy to delay a foreclosure
- Talk to bank about covid related forbearance. 

What would y'all recommend?

I've had good experiences with LunsPro. They also have good reviews on google

This thread from from BP might help https://www.biggerpockets.com/forums/647/topics/635566-atlanta-real-estate-attorney-any-recommendations.

Also this link https://investorfriendlylawyers.com/#GEORGIA

Congrats, could you share more details on the deal? How your found it etc

What sort of insights are you looking for?

Try propstream.com, I've found their data to be pretty accurate. They also have like a 5day free trial so you can try it before you buy