Ricardo Suber
How do I handle negative cash flow on a rental?
Hey everyone. Brand new to this forum and could use some guidance! I’d like to invest but i need to get out of this hole.
I bought my first home in 2005: a 1 bedroom co-op (condo) in upstate New York for 85K.
D...
Sid Franklin
Chicago Public Schools Fighting to Avoid Insolvency or Bankruptcy
Will a school insolvency or bankruptcy hurt or help real estate prices in Chicago? How's real estate doing in Puerto Rico? We know it was in Detroit before the bankruptcy? Is DPS still a drag on Detroit's Real Esta...
Jack Ni
From $700 to $200 MILLION In Cash: My Favorite RE Developer
Hello, real estate investors! Today I want to introduce you to my favorite real estate developer and my role model: Sam Chang (The Hotel King of New York). His story is certainly very inspiring and certainly motivat...
Todd Burton
Oceanpointe & Bert Whalen "rents stolen by Defendants" judgement
"Defendants failed to appear"; Judgment for $554,511 against Oceanpointe & Bert Whalen jointly and severally. Looks like they may have thrown in the towel on the civil cases. From the final judgment order:"IT IS ...
Greg Moskalenko
Anyone experienced out there who knows this answer?
Hey guys,I know one of you out there will have a good idea here...So my father owns a property in California (Los Angeles) that currently has a market value of ~$820K. He bought it back in 2006 for about $500K. Since ...
William Coet
Bank Is Waiting Years to List Property
There is a bank-owned sfh that that has been sitting empty for 3+ years and has never been listed for sale with a realtor. The previous owner filed bankruptcy and the bank took possession of the property. Why would ...
J Chen
Bought a foreclosed house but cannot get in touch with owner.
We bought the house at auction about a year ago. The owner filed bankruptcy afterwards. Long story short. Now we officially got the deed. The court ordered that the owner could stay at the property for 90 days after c...
Moises R Cosme
29-31 Walnut St. Leominster, MA 01453
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $273,000
Cash invested: $120,000
Sale price: $536,000
Building one (29 Walnut St. Leominster, MA): 3 bed, 1.5 b...
Brian B.
In a mess, need advice...
Brief summary of my issue:
I currently own a house with my ex-wife in New York.
We have a %100 loan with Bank of America.
Ex was living in the house and payments were initially split.
Ex stopped paying, so at lawyers...
Rebecca Belnap
Subprime Lending is back? Sort of
Remember 2006? No income, no assets, FICO score of 580, no down payment? Sure, we would LOVE to give you a loan. They are now calling it Non-prime which is probably more accurate. The requirements to qualify are ver...