I frequently speak with folks who are finding out that:A: They have a partial claimB: The partial claim amount is astronomically higher than expectedC: HUD failed to record their lien (not as common as A and B) and then was forced to pursue the homeowner after a saleSince FHA has been basically pushing everyone they can into a loan mod per "Covid mortgage rescue" plans, these will be an ongoing issue for many years to come.

If you just called someone up and asked how you could help them, you would be ten steps ahead of Bobby, who is stammering through the first line of a script from 1974 about a cash offer when the homeowner bought the house for 51k in 1978 and it's worth 804k (aka does not need cash, he needs a place to go).Agree 💯!

For example if the states licensing code holds the licensee to an agency relationship with their client, then the wholesaler tying up a homeowners property for a below market price may be in violation.  

Although it does reduce the premium slightly for that particular rating factor, it is not optional on the part of the HOA as an intentional cost saving measure.  

I’m buying the property with equity partners…………..I don’t have any money personally to invest5.

The labeled the whole state high fire a few years ago, and now no one can get insurance.  13% of deals are not closing as people can't get insurance.  

There are 100 different strategies and I don't think one is the best, each one comes with pros and cons. 

But the tech isnt ready, custody isnt ready really, secondary markets arent ready, and i think this all needs to come from institutional down.

I always suggest to come to Pittsburgh,  check out the topography, infrastructure, economic opportunities and of course a sampling of properties. 

Originally posted by @Phil Capron:What's up BP!