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Results (10,000+)
William R. My first BRRRR
23 May 2017 | 20 replies
Is that normal for a sc rehab?
Becky Spivey New Member Abilene, Texas
29 November 2016 | 11 replies
I have heard that making mistakes and having fear are pretty normal.  
Tom Albares Need some advice on a REO
26 August 2016 | 1 reply
One was a normal sale, and we put on offer on it that was accepted.
Brad Weaver Area Demographics/Research Question
27 August 2016 | 3 replies
But normally values are higher in high O/o neighborhoods.
Kay Ferdous Realistic property management for 8 unit building
30 August 2016 | 9 replies
As you are analyzing these deals normally the banks would use a 5% vacancy rate and a 10% management fee.
Christopher Blake Private lender
31 August 2016 | 9 replies
ERGO you are in foreclosure in the first place.GFC meltdown saw values drop 20 to over 60% in certain markets  .. your 70% LTV loan was underwater right out of the gate.So to answer your questions.In General... you have a foreclsoureyour value is 10% less than it was when you made the loan.. reason flipper butchered the job ... and again depending on state it could take 1 to 3 years to actually foreclose and of course your not getting any payments.. so your interest is wiped out. your cost of doing the foreclosure again state specific.. and I have never met a defaulted borrower that paid the property tax's  ( and again state specific how bad this will be).. you have selling costs usually 8% and you normally have to spend money getting the home marketable I have never met a defaulted borrower who left a home in perfect shape.So you add 10% market devaluation  8% for sales costs.. 3% for foreclosure costs.. 2% for back taxforce placed insurance and utls.. and depending on the condition of the home 5 to 10% for rehab .. you can see how this eats into your 30%  .. then take states Like were i live and properly filed mechanics liens are super liens they jump ahead of your mortgage.. this can be thousands up to 100 thousands if your flipper totally screwed the subs. 
Gary Krautwurst Another Newbie to RE Investing in Bloomington, Illinois
27 August 2016 | 1 reply
We have kept a few and add them to our portfolio of foreclosures and estates that we acquired through normal purchase at 50 cents on dollar - I'm a bargain hunter!  
Faye Scott Wholesale
5 September 2016 | 2 replies
I have heard that mistakes and fear are pretty normal.  
Jeremy Geyer New investor in Pensacola, FL
29 August 2016 | 16 replies
I tried with Thomas and Kyesha but it didn't do it with the normal handle format @_____ ______ etc 
Nick Brubaker Help!! After signing the lease tenant is attempting to back out!
1 September 2016 | 43 replies
If they commit to signing the Lease Agreement within a specified period (usually 30 days max), I convert this "Holding Deposit" to the Security Deposit (fully refundable, minus items above normal wear/tear).