Edward Schenkel
Finding Seller Financed Properties (purchase money mortgages)
I have seen some investors do very well with seller financed transactions. In other words, instead of using a traditional bank, the seller provides a note, or "takes a note back." These deals are often attractive beca...
Tony Marcelle
Where do they get the money?
When investors buy pre-foreclosures by making back payments, where does one get the money to make the back payments? Are pre-foreclosures bought using subject to or lease option? Gurus who teach pre-foreclosure invest...
Mark Gibbs
Commercial Background Check on new business
Hello all-I have a letter of intent for a commercial space I own from a person interested in starting a new business. It has been a long time since I have dealt with a new business for a background check we are curren...
Tommy Panebianco
Accepting / denying a rental applicant
Hello all… i have a few questions regarding accepting a tenant. Can you ask how long a couple looking to rent one of your properties has been dating?Can you ask how much money a prospective tenant has in the bank? Req...
Alex R.
In your personal experience, which one of these offers the best deal when purchasing a property and why...
In your personal experience, which one of these offers the best deal when purchasing a property and why?
Auction, REO, foreclosure, short sale, pre-foreclosure,…
Best deal meaning highest equity in the house
Chris H.
Is this even worth my time?
Hello All,I was approached recently by a family friend who is looking to move out of Colorado (Thornton area) They bought a manufactured home a couple of years ago and are looking to sell it so they can move in the ne...
Justin Demko
New property in Smyrna, DE I have questions about self managing
I am finishing a remodel on a house in Smyrna, DE and is it almost ready for a tenant. I have no experience in real estate beyond being a home owner who has done a remodel that I have now moved out of and want to rent...
Sydney Reece
Bank not listed as owner?
I have no real estate background. I am interested in purchasing a bank owned home, but I wondered why the courthouse does not list the bank as owner? It still has the previous owner who failed to make mortgage payme...
Nicholas N.
Urgent answer needed for HOA foreclosure auction!
Hi, I just purchased a property for $60,000 at the online court steps auction in Miami, FL. It was an HOA foreclosure for $13,000 past dues. The property is worth about $90,000. As always, I have done my homework, pai...
Jason Merchey
Look, We're in the New York Times
NY TImes Article
Look, we are being talked about in the Times! It is an article about the effects of an increasing number of homes being owned by investors and rented out. Neighborhood effects, including cri...