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9 February 2011 | 20 replies
The big mortgage wholesalers (Wells Fargo, etc.)have been inundated with refinance volume.
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7 May 2011 | 2 replies
I've been wholesaling multi-family properties for the past few years, but lately whenever I post a listing I am inundated with Intermediaries (IMs) who are part of a daisy chain that may be 2 or 3 levels away from the actual end buyer.
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13 May 2011 | 9 replies
In my lease I just write that in under a Misc section for additional terms.
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14 May 2011 | 16 replies
I enjoy home depot 2 in 1 it only takes one coat but is 18 a gallon if you are a builder and get 5 gallons at a time.When I was buying houses I read online t6hat if you paint a door yellow or blue it helps your sales so I got a dark crazy blue and in atl its funny every one knows what houses I have remodeled and it actually help me sell all my houses in under 6 months.
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14 June 2011 | 11 replies
You living there you should have gotten some mail from the lender.The lender usually still believes the homeowner occupies the property so sends notices to the house you are staying at.Kentucky appears to be a judicial (court) state with average time to foreclose 6 months.The property has to appraised before it can be foreclosed and sold.Ways of knowing foreclosure has happened or not should have been provided1.In the letters mailed out by the lender2.The lis pendens (legal notice) filed at the court house.3.Newspaper in the legal notice section.The fact that I pulled this up in under a minute but your broker/agent doesn't know what is going on is scary.If the agent has this listed as a short sale they should have an ATR (authorization to release) signed by the borrower giving them permission to talk to loss mitigation (the lender or servicer) about the file (loan).How you work the short sale will depend on type of loans,junior loans and other liens attached and a whole bunch of other factors.The lender might want the property marketed for sale for so many days to see if higher offers come in that would net more than your offer although the lender might take into consideration you already live there.Month to month you have no foreclosure protection tenant laws.If you had a long term lease in place the bank would have to honor the lease under certain conditions.
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15 December 2009 | 1 reply
Everytime I run numbers on a property as an investor my numbers have always come in under any appraisals estimate.
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28 March 2010 | 14 replies
Truth is, I've identified sources that boil it down and I get most of my news in under three hours a week.In fact, this post has inspired me to do a Tim Ferriss LID (Low Information Diet) again.
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12 March 2010 | 4 replies
I bought my first home a couple of years ago and using the knowledge on here put it on the market recently and had it under contract in under a week!
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18 November 2010 | 14 replies
I believe they have good information but I can't have my email inundated with their next greatest webinars and I don't have the time to listen so I have opted out until I have the bandwidth to absorb more.Good luck with your investing!
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14 September 2010 | 19 replies
If you want streamlined, short sales, we've had 3 approved in under 21 days, at no cost - keep your 6% commission, and no legal ramifications in the future, as the seller gets legal advice, then this is a great service!