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23 December 2010 | 6 replies
Even if you were able to contact loss mitigation (which is preforeclosure) they cannot share borrower's information with you without proper authorization as it is a violation of FCRA (see FTC.gov).
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22 December 2010 | 3 replies
After seller agrees to move forward with the short sale have them sign a written authorization form and a purchase contract for their property.6.Start negotiating the process with the lender’s Loss Mitigation Department & get authorized.
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22 December 2010 | 25 replies
Since "don't ask don't tell" was officially repealed today, I'm curious to RE investors, does it matter if your renters are gay or not?
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1 March 2011 | 21 replies
Now that Phil has "officially" closed the selling of his latest version of his MAPS course I am curious...has anyone purchased it and if so, what do you think of it.I am particularly interested in the contracts he uses - both with the buyer and the seller.Hoping someone has the info,,,BP has been an invaluable resource in my real estate education.Thanks in advance!
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25 January 2011 | 9 replies
I was just noticed that Steve Babiak and BiggerPockets were just cited in the MSN article, Move over meth: Marijuana 'grow houses' an increasing menace (4th to last paragraph on the 1st page)Congrats to Steve on making the big time and thanks to the author, Melinda Fulmer, for the citation!
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4 January 2011 | 10 replies
The second things are going well in investing for me though I would put everything else to the side and pursue RE full time.One thing I'm also torn on is whether to accept lower paying jobs that might give me some experience or more official jobs which would look better on a resume and could lead to a high salary position down the road.
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28 July 2011 | 14 replies
I recently read a piece by a popular author that observes real estate investors are gypsies when it comes to getting loans.
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2 January 2011 | 42 replies
Taxes are so high and ridiculous because our government is self-serving and is run by elected officials who couldn't run a hot dog stand let alone a city, state or country.Oh wait, I would write more, but I have to go write another check to the government.
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17 January 2011 | 22 replies
My business is similar to J Scott's and Aaron's... we do major rehabs, probably average about 25-30k per house (it might be a bit skewed as we did two projects in 2010 with around six figure rehab budgets).My business partner acts as the GC... he is getting his official contractors license next week.
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31 December 2010 | 5 replies
Get an authorization to release information signed by the seller, provide it to the lender, and speak directly with the lender.