Jarcelyn Dorsey
Making offers to Listing Agents-What's the Process
18 September 2011 | 14 replies
If you submit an offer that isn't properly prepared (or missing pieces), you may never hear anything back and have no idea if it was submitted or not.3.
Greg P.
How realistic is it to make $1mil cashflow per year by renting SFH's?
21 September 2011 | 56 replies
The question does not have enough information to answer it properly.
Jonathan Sowinski
City of Buffalo Upcoming In Rem Foreclosure Sale
26 October 2011 | 6 replies
Or better yet find someone who has any personal experience with the COB Sale, or anyone who may be interested in a joint venture.As I understand it these properties will be sold free of any outstanding liens, for the greater of 20% or $500 down and the balance due approximately 6 weeks later.I have completed some research/due diligence on the properties that are in the neighborhoods that I am most familiar with and there looks to be some nice ones still on the list (owners have until the last week in Sept. to petition the City to remove their property from the list).Things that I have completed in researching the properties have been:•Current owner(s)•Property class•Tax Value•Last sale price & date•Drive-by/visual inspectionIs there anything else that I should consider trying to determine before the sale?
Curt Davis
Hedge Fund Investing Questions
3 October 2011 | 9 replies
The fund manager won't tell you your current balance?
Jonathan Godden
HUD earnest money, am i screwed?
6 October 2011 | 5 replies
If it's a good enough deal can you partner up with someone for the balance of what you need?
Anthony Henderson
Essential for a successful Property Management Company
24 May 2012 | 13 replies
Especially with the loss of rent revenue they experience due to nonpayment of rent by the tenants that weren't screened properly.
Allende Hernandez
Seller Financing - Hard to get!
12 October 2011 | 15 replies
The deal with the buyer would be O.F. with a 4 year balloon.Seller:PP: 130KDP: 7KBalance: 123KPITI: $850To cash out in 5 yearsBuyer:PP: 130KDP: 7K (+ 6K Assignment Fee)Balance: 123KTerms: 15Y/8.34%/$1200 per monthTo cash out in 4 yearsRemains:DP Spread: 6KMonthly spread: $1200-$850 = $350My questions here would be:- Can I OF to my buyers if I'm being OF by somebody else?
Shayla James
Pre-foreclosure list
14 January 2015 | 5 replies
The borrower has three (3) days to provide the delinquent payments or the court will order a writ of seizure and sale and the property will be sold after proper notice has been advertised for thirty (30) days.
Chris Shrader
Seeking financing
9 October 2011 | 8 replies
You will need a small loan balance or a F&C property.Have some well meaning investor loan you a small percentage, say 25-30% as a first mortgage, high rate possible, and have the seller carry a second.
Asher Anthes
Does a new mortgage lower your score?
11 October 2011 | 4 replies
I figured my scores would have been going up since I have paying everything on time.Also, do high balances on student loans lower my score?