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I'm looking for some advice and tips on buying bank owned properties. Anything helps!
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I'm looking for advice on how to refinance a single family home owned by an LLC. I purchased it in cash and am rehabbing it now; the estimated ARV is about $65k. The property is located in Kalamazoo, MI.Any advice ...
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How does the process work when wholesaling a REO property? I understand I need to reach out to an agent and provide a proof of funds letter and EMD and I’ll need to double close on it but what else is involved and How...
I am moving out of my house and renting it. Except for word of mouth, what is the best way to get the word out about me renting and how do I figure out what price to shoot for for rent. Any ideas out there.
Does anyone have experience dealing with purchasing bank owned property. What are some of the pitfalls to deal with. There are bank owned properties I want to move on. One for myself and others for a flip. Thanks
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $275,000
Cash invested: $5,000
4 BD, 2.5 BA 2704 sqft SFH currently rented out as of 5/2017.
What made you...
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I just found out a property is owned by a bank, it's abandoned, i believe there were squatters and I want to acquire it, with the full intent of brrrrr'ing it.What should I do before approaching the bank that owns it?
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Hey BP,So I am currently in a negotiation with a bank owned property. I unfortunately hit my MAO and we are $15,000 apart. I know patience is key and their motivation changes over time but are there any special or "hi...
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I recently did an analysis on a property on auction.com and it looks like a really good deal for a fixnflip with a possible profit of 30k depending on the sales price. The bidding starts at 55k with an ARV of 120,000....
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Good morning, I have a question... I'm very new to real estate investing. I'm in the position to buy my company’s first investment property. I have talked to a some banks about getting a pre approval. I have great cre...