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7 October 2023 | 29 replies
We may not have a recession but banks are over tightening their belts and those who are over leveraged are going to either need rescue funds or sell.
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26 September 2017 | 50 replies
on the west coast most pre foreclosure activity is illegal.In Oregon you have to be licensed foreclosure rescue person.. that's ( attorney, mortgage broker, RE broker)... and even if you buy it ( owner occ is what I am talking about) you can't lease it back that's illegal.. and if you sell in a certain amount of time 80% of the profit has to go to who you bought it from.Now granted just like all over the US.. this law is broken everyday. but its on the books. and it put me out of the pre foreclosure business when the law was enacted in 07....
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15 November 2023 | 1 reply
The deadline to 'rescue' a pre-foreclosure is a lot determined by which state the property is in.
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27 November 2023 | 1 reply
I also looked online and saw that there are a few major groups on 'Meet Up' for app developers that may have way more specific and great resources. https://www.meetup.com/topics/app-developers/Also, in regard losing confidence in the app or being dispirited, I would recommend listening to the Bigger Pockets Money podcast episode: 'Bar Rescue' Host Jon Taffer on the "Secret Recipe" for a Successful Business.
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30 November 2023 | 2 replies
Absolutely, we aren't rescuing Earth from intergalactic dangers.
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18 January 2016 | 29 replies
BP members to the rescue!
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8 August 2023 | 6 replies
When you could borrower at 4% and buy at a 6% cap thats great, when you now buy at a 6% cap but leverage is 8% thats badSo right now we are patiently waiting as there is a lot of debt coming due and current owners are either going to need to sell or need rescue funding.
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3 December 2023 | 21 replies
If they continue QT the whole financial industry gonna collapse and they have to rescue the bank, when they have to rescue the bank they have to restart QE.
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8 June 2020 | 3 replies
Some ideas:Offer the seller an envelope with 12 post dated check - they don't have to wait for the letter carrier.Offer to put a deed in lieu of foreclosures in escrow with their lawyer - transferring property back to them in the event of non-payment or violation of the terms of the mortgage -Offer to have monthly inspections of the property by sellerLet them know they will be added to your insurance policy in the event of fire - they get paid offOffer additional collateral (like a blanket mortgage) - always on a blanket mortgage you should have a release clause after the equity reaches a certain amount - no need to tie up your equityProvide additional co-signersProvide your nice guy resume (written testimonials about you from past customers, transactions, your preacher and other lenders, awards, newspaper clippings of you rescuing a cat from a tree, awards from the Boy Scouts) have all this in writing.
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24 October 2012 | 8 replies
We saw one where the guy landed on a sand bar (a really small very uneven, rocky, narrow strip) near a river to rescue a guy.