Tim Silvers
Negotiating cancellation of debt on 2nd mortgage
8 February 2015 | 6 replies
The way I see it, I have two options to try and force this stubborn 2nd mortgagee to cancel or at least discount the debt to 10% or less:1) Hire a flat-fee attorney experienced in negotiating settlements on 2nds, especially one experienced in negotiating short sales. 2) Put the 2nd mortgagee through a short sale by having the seller short sell the property to me.
Phillip Faries
A Path to choose
20 February 2015 | 23 replies
If I can ask, why are you looking at small condo units when you can buy a 3-4 flat with an FHA loan owner occupied?
Sebastia H.
Trouble finding "title companies" that facilitate wholesaling deals
9 February 2015 | 0 replies
Almost all of them had never heard of it and after explaining what wholesaling was, some referred it to "concurrent closings" and mentioned they don't do it and others flat out said they don't do it because it looks bad on their system if they ever get audited.My question is: Do I move on to a neighbouring city where I can find an investor-friendly title company?
Jeff L.
How much do lawyers cost?
24 August 2016 | 13 replies
Many routine legal services are charged on a flat base fee basis (eg.
Summer Segeleon
How to show a property for maximum success
11 February 2015 | 3 replies
It costs more than a service that just puts your house in the MLS(flat-fee), but it should come with at least minimal guidance.If you are going to go FSBO one option is to check out the competition(both MLS and FSBO) and see what they are doing.
Suzette Bickers
Quitclaim Deed, Subject To & Putting a Wholesale Deal on the MLS
14 February 2015 | 9 replies
None of the local flat fee realtors/brokers will do the agreement with me because we are not the owners on the deed.
Chris Uhler
Was That Missed Call You Had Today Worth 38K?
11 February 2015 | 2 replies
Some people just send a text, or just flat out chock it up to they just weren't that interested.
Brandon O.
Question about a FHA loan on a two flat
12 February 2015 | 3 replies
I was looking for my first investment property to be a two flat and I was considering to go the FHA route for that.
Louis Schmidt
Where to hold license when flipping
14 February 2015 | 7 replies
Here in Texas we have a bunch of online brokers who will charge you a flat monthly fee (usually somewhere in the $90) range, and then they'll either charge a split or a flat transaction fee ($200-$300) whenever you buy or sell a home.
Brandon O.
What's a good route to go for first deal?
14 February 2015 | 6 replies
What would you all recommend to be a good route to go for our first deal, Wholesale a property, go through private investor/lenders for potential flip of a property, or going through the bank getting a FHA loan and renting out a home or two flat?