Brian Bern
Required money down on income properties?
9 June 2008 | 3 replies
We've been allowed 10 for the past 10-12 years and now suddenly you won't be able to get a loan.
Jeff Fairchild
How much money needed to wholesale deal?
14 July 2008 | 21 replies
I am just more worried about my end buyer maybe notifying the seller and informing them so that he cuts me out of the deal.I have read so much about putting little or no money down for assignments, and all of the sudden I've seen three posts saying it must be done for it to be binding and or legal possibly.
Andrew Raymer
Demand for payment- HOA "Arrears" - any advice fo
9 July 2008 | 5 replies
We couldnt find our lot because there was no road, and the whole place was too overgrown for hiking (we also could obtain no map withuot apparently going to the courthouse).Yesterday we recieved, out of the blue, a "DEMAND FOR PAYMENT" from the homeowners association -They want arrears, plus 10% per annum interest - The whole thing amounts to almost $4000 and the land is worth about $1500 -We have received nothing about this "arrears" prior to now, and suddenly we are supposed to pay by July 31st or they will start legal action.
Caesar Valle
Newb from Denver, CO
30 July 2008 | 19 replies
Wow I feel surrounded by Mile High Investors suddenly!
Rosen Parker
Invest in Real Estate or Stocks???
23 October 2008 | 39 replies
As obvious as it is not to put all your eggs in one basket, it happens when market surge and people throw everything they have at it.
Ingrid Nagy
Has anyone noticed a lull in REO activity?
31 August 2008 | 2 replies
All of sudden, I have more accepted offers than I know what to do with.
Joshua Dorkin
Another Bank Bites the Dust
2 September 2008 | 14 replies
Failure This Year Integrity Bank of Alpharetta, Georgia, was closed by U.S. regulators today, the 10th bank to collapse this year amid a surge in soured real-estate loans stemming from the worst housing slump since the Great Depression.Integrity Bank, with $1.1 billion in assets and $974 million in deposits, was shuttered by the Georgia Department of Banking and Finance and the Federal Deposit Insurance Corp.
Joshua Dorkin
Stop Paying the Mortgage and Get Bailed Out Too!
8 November 2008 | 79 replies
What screwed it up was the housing prices droping and all the sudden the homes they foreclosed on weren't bringing enough at auction to cover the loan and they couldn't get it from the mortgagee because they wised up and filed bankruptcy.
Corry Taie
Cash flowing a short sale during negotiation?
19 January 2009 | 19 replies
So if you get a bad apple that rents the property on a short term lease, and they suddenly decide they really like not paying market value for their rent.
Ingrid Nagy
Are banks all just waiting??
16 October 2008 | 20 replies
I'm at day #9 right now and suddenly there's another offer in the mix.