A friend of mine is in a difficult situation. He's "way underwater" and in danger of losing his home to foreclosure. BofA has a first and is in the process of foreclosing but there's a private lender who has a secon...

I'm reading "Get the Deed!" and the suggested strategy on underwater deals is to take it sub2 anyways, then try to negotiate down the loan principal balance and/or payment. Failing that, rent it on a long term lease o...

I've got a seller interested in working with me. They purchased in 2004 for $168k, and say they only recently are no longer underwater. Don't have details on current mortgage. Based on rates at the time and 3.5% down,...

I know my subject doesn't make sense - right? Experienced... Newbie...Here's my situation. I'm experienced because I've already done 2 deals.I'm a newbie because I had no clue what I was doing :)How do I know this? My...

Hey BP,I want to wholesale using subject-to financing. The goal is to get the properties subject-to, then use a wrap mortgage to sell to a buyer (at a higher rate than the origninal mortgage being taken over subject-t...

There is the cutest Spanish style house that just came up for rent in my neighborhood.  My wife and I have had our eye set on this house since we moved in to the area 10yrs ago.  It is in Littleton, Co where the marke...

Looking to purchase my first property! My seller is behind on there payments about 40k. If I pay the 40k to get them from underwater. Can they sign over the house to me or is it a bit more complicated than that? Also ...

Hey BP fam, 
I have a property that desperately needs a way out,
The property has been on the market for a little bit, sellers just recently bought the property so they don’t have much equity. immediately I thought,...

A current thread talks about those underwater on mortgages or negative net worth. I decided to ask a simple question. I believe more than 2/3 of PUBLIC has current negative net worth. Lots of reasons: underwater on ho...

Hello BP Investors!  There is a lot of great stuff on the BP site and I always seek to use it as a resource.  So, right now, I'm working up a list of frequently asked questions on short sales and I'd like to get BP in...