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advice sought in buying REO property
hi everyone - if I could pick your expert brains, I'd really appreciate it cuz I am getting mighty frustrated trying to buy an REO property in WI. I'll try to make it brief for you and BIG thanks to anyone who answer...
Kelvin Schaeffer
Fannie Mae /REO
Looking to put a offer in on a Fannie Mae / REO property.This 4plex has one accoupied unit,is in need of some cosmetics repair possibly more, asking price 379,000 would like to get it at 70% of asking price any sugges...
Edward R.
Vanderbilt Mortgage and finance REO how low of an offer
Of course nobody knows how low a REO will go but looking for some insight on offering. It's a 1970 built house, good condition. Had new siding, driveway put, 5 year old roof in about 5 years ago and some new windows....
David Begley
Purchasing from Wholesalers
Is anyone aware of a site or source that one can review to see the results of those investors engaged in wholesale activities? In the short time I've engaged in trying to obtain properties from Wholesalers, it has be...
Pete Bhanshali
Wholesalers on Do-not call registry
Hello BP Family, My apologies in advance if this post has offended anyone. For whatever reason few of my properties are under my name instead of LLC. I understand wholesaling is a legal business, but same people are c...
Joseph Pytcher
Renegotiating a HUD contract, Need help!
I have a HUD home under contract, needs a lot of work. About $40k, and I am in it way too high. Will HUD renegotiate their contracts or what is the procedure? Obviously, we didn't get estimates until after the cont...
Matt Hernandez
Potential deal, but potentially delusional seller.
Hey guys, I am looking at a multifamily deal in the Columbus OH market. At first glance, this deal has potential. Here is some important information32 UnitsClass C property in a B neighborhoodA block from nice shoppi...
Brandon Collins
Where do I start? Make an offer or find the money first?
I'm new to all of this and do not know where to start. I'm afraid to make offers to create deals because I don't know where the money will come from and I can't ask for money because I do not have a deal. What do I do...
Adam L.
How to leverage a MFH after you invest?
So I am looking at this proforma and I'm still new trying to figure it out.
7 units$1.3M asking price.$94k/yr rent currentlywell maintained w/ recent capital upgrades in last 7 years.appears to be nicely maintained.
...
Victor Lee
Where are the responsive realtors?
What is average response time should I expect from a good realtor on a good(at least to me) deal? Would love some insights here from the experienced BP folks. Is it me expecting unrealistic response times because I wo...