Tiger M.
Bank countered offer $250K less than offered price?????
I have seen it all now!
I wrote an offer last week on a 9337 SF Bank REO retail/office/industrial flex building for $1.2M, 20% down owner occ., buyer has 3 years of great financials.
background: I was the builder...
Michael Tesluck
Attempting to purchase my house from the bank..
I'm in this dilemma and cannot decide what to do. I'll try to quick and precise.
2 years ago, I went Bankrupt with the intentions on reaffirming my home that was underwater.
I owed 120,000 and the home ...
Mya Toohey
Private lenders/banks for rehab loans in KY
Does anyone know of any private lenders or banks willing to loan for rehabs in Louisville, KY?
Tyson Cross
How do you valuate a bank owned asset?
So I came across a 259 unit complex that is for sale and is bank owned. The listing price on the flyer is 2.1 million with another 1.5 in estimated cap ex improvements. The complex is 15% occupied due to the defe...
Mark Beekman
Insurance Policy for Bank Deposits Over FDIC Limit?
Does anyone know of any private insurance providers that insure bank deposits over the the FDCI limits? I've looked into CDARS and DIF, but are there any companies out there that will actually sell a policy directly t...
Adam Smith
Techniques: Getting the bank to accept your offer
I'm sure there are a few posts for this floating around, but I wanted to bring it up again and open up some ideas.
How do YOU get the banks to accept your offer, either short sale or REO?
My first (and only, to da...
Michael Camaglia
Can anyone recomend a good US bank contact?
I am new to this forum but not to real estate. I graduated from Ohio state with a real estate specialization and work in commercial (retail) real estate.
I am looking to buy some homes, rehab and rent out (aren't w...
Michael Lerch
Assigning contract when buyer is using bank financing?
Is it possible?
I have an interested buyer for a property I have under contract, but he wants to use a bank to finance it. I'm assigning the contract for $3,000 with contract price at $14,000.
Does he just pay me th...
David Bruce
Private/Crowdfunding/Banks $ for ground up affordable housing?
We are building 31 "Affordable" Condos in Hawaii one block from the beach in Kihei. Feel Like it is a smart play in the upcoming post-pandemic years. We are looking to raise 2-2.5M to complete the funding. Looking fo...
Erik Nosich
Bank not accepting AirBnb income, can’t get loan.
Hi all, I own several properties and this June closed on my first commercial property, a turn key short term rental 8 plex. My wife and I have completed remodeling our single family home and found a house we really w...