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Results (10,000+)
N/A N/A Does the "Purchase Option" system work?
8 March 2007 | 14 replies
Theorectically any time you buy or sell a house you could be involved with a lawsuit, but to say oh don't buy houses because you could end up in court if so and so happens just is not practical advice.I have never heard of someone refusing to sell when there is an option, and not that it isn't something to process, but to conclude that sandwich options are a VERY RISKY investment because of this possibility seems kind of unfounded.There are risks involved with all investments and adequately and accurately assessing those risks versus the rewards is key to success in any endeavor.
Morgan Burum Downtown Vacant Buildings
13 April 2007 | 23 replies
Actually I would say there is a decent chance that you've never had investment property in your life.And to be honest I am perfectly okay with your very probable lack of personal experience with real estate investing, but you might want to come on a LITTLE less strong next time when you've never been in the trenches yourself.Its very different when its YOUR building that you are remodeling, and unless and until the right profit margin is there with the right risk/reward factor, most serious investors are NOT going to jump in.
N/A N/A First time buyer.
2 August 2007 | 22 replies
You have numerous RULES to live by, that your tenants may refuse to live by, (so write in the contract that they have to or can be immediately evicted)You have to keep all dues paid up, or you will be fined, and quickly could lose the place to liens and foreclosure.Minna's right, s SFD is a lot of work, but if the place is in good condition, and you have the insurances, it's not a big deal, probably.
N/A N/A Need Help to Double Close Bank Reo.
1 April 2007 | 17 replies
They aren't illegal, but they come with numerous very specific and strenuous parameters to keep from being classified as an executory contract (contract for deed) in Texas, and as an executory contract, be liable for some extreme penalties (up to $250 per day liability from the day of sale).Now you can do 1 lease option per year and not have to worry about being liable for more than $100 per infraction, which at the most would be about $1,000.
Josh Wilson 100% Loan Need a Broker
26 March 2007 | 2 replies
If you have numerous lates and negatives on your account they will not allow you in the program.
N/A N/A New HUD Regulation Help Short Sale Investors!
24 March 2007 | 2 replies
Housing and Urban Development (HUD) Department recently announced a program to reward lenders for trying harder to recoup their losses before declaring a loan in default.
N/A N/A Tell me about your job as a realtor
27 January 2008 | 15 replies
My advice is to plan on it being tough at first, but be patient with it, pay your dues and in time it will be rewarding in numerous ways.
Christina R. Wholesale "ad" details - saw something on BP but can't find it!!
22 December 2013 | 0 replies
I have done numerous searches here, looked through my emails from my BP keywords in both my inbox and delete folder and cannot find this sucker!!
Serge S. Chicago (south side) help!
24 December 2013 | 19 replies
Risk does equal reward.
Jason Merchey First Loan in 2014! Tips?
5 January 2014 | 4 replies
Keep in mind, risk, reward and prices have a strong correlation in REI.