Chris Wight
Lessons Learned From My 1st (Failed) Deal
16 February 2013 | 19 replies
It basically protects against a seller accepting other offers.
Sergio B.
Newbie--->My first REO deal : What would you do with it?
22 February 2013 | 12 replies
I saw a man amass a huge fortune and he never sold a single property he purchased.
David Schneider
Rehab on a 203k in Tulsa Area
25 March 2013 | 6 replies
Basically, you're just going to have to go through 2 appraisals in conjunction with your rehab...so extra costs and headaches there.Ill post more when I'm further in.
David Robertson
Lot of stiff competition out there
10 March 2013 | 19 replies
And they certainly wouldn't be able to get financing anytime soon to cover the full payoff for the seller.In other words, basically everything we're doing these days is short sales...
Aimar Campbell
abandoned houses research
18 February 2013 | 9 replies
Once you have this info you can basically start tracking down the owner with a full understanding of why the house is vacant and how you may be able to help.Just remember when dealing with abandoned properties, confirm EVERYTHING and assume NOTHING.
Dutch Smythe
Tax Deed held by #1 but person #2 wants to buy house
17 February 2013 | 4 replies
When taxes aren't paid the county sells Tax Certificates, which is basically a loan made by an investor to the county for interest.
Account Closed
Steps to get a wholesale property under contract
23 March 2017 | 12 replies
Welcome to BP Ben.Ben, you're not ready to start there my friend, you need to begin at the beginning, basic RE, what is customary in your area.There are different situations, every deal is different, and ther is no answer to your questions, as it varies.I always suggest people begin by getting a book for real estate agents, even if you're not going to be an agent, it is used by the RE schools for agents.
Sam Leon
REO properties that are "LISTED" but "COMING SOON"
17 February 2013 | 4 replies
The bank or asset company looks at all the reports and then instructs the listing broker to go off of that price to list the property for sale.During pre-list the bank or asset company will not talk to you and you have to wait for the property to be listed unless this is a small local or regional bank where their process and procedures are more flexible.Wells Fargo is a massive bank so you will have to wait for it to be listed.
Callum K.
Large-scale Apartment Investment
7 March 2013 | 11 replies
Sit down with a calculator and do some basic math.
Sandy Bars
Gas Water Heater Pilot Light - thermocoupler?
23 February 2013 | 10 replies
yepDon't know the age of your unit, but mine was a basic NG '03 model.Mine wouldn't let the pilot stay lit???