Daniel Toy
Buying a tenant occupied property with troubled past
I found a multi family property (out of town) that appears to present an enticing deal. Its been on MLS for a few months, which to me is always suspect if it is indeed a good deal. I spoke with the listing agent to co...
Tim G.
RE Definitons
I am creating this post to get a better understanding of the many different terms used in real estate in the hopes to further my knowledge and hopefully anyone else who comes across this site. As a newbie, many times ...
C Niman
Do I need a title search for property bought at estate auction?
I just bought a property at an estate auction. The Agreement of Sale reads: "Title shall be good and marketable, and free and clear of all liens and encumbrances, except such utility and access right of-ways as may...
Thomas B.
Cash-Out Construction Loan Newbie
I am learning a lot on my 1st Investment property!I initially purchased it as a 2/1 single family needed a complete gut job, using a HELOC from my primary residence with the enough left over to do a budget conscious r...
Quiche Lynn
Foreclosure Recovery and Settlement Services
As I was doing a court debt contract. I come across a client. Requiring help to stop the foreclosure to keep the home. As I am explaining there is too much knowledge to how to recover or settle the property and land t...
Jason W.
Hard Money and Dodd Frank
Hi All – I know another DF question. I looked and cannot find a thread with this questions. So please have some patience and provide what you know about the following strategy. I'm considering the hard money lending b...
Nick G.
Advice on abandoned property / pre REO
Hi Everyone,
I'm looking to get some advice on a potential deal, here are the details:
There is a house in my old neighborhood, it was owned by an elderly man who has passed away. To my knowledge there is no next o...
Kaylor Bankler
FSBO + Owner Financing fix and flip deal
Hi everyone, I've been looking for my next fix and flip project for a few months now, have made a few offers, and have been getting beat by all-cash offers. Knowing I can't compete with these cash offers and from read...
Tony Kogan
What would you do with $200k in cash?
Hello BP community,I have a questions that I am looking to get an answer to : how would you invest $200k cash in real estate in order to maximize return on investment. All input is welcome.Thanks,
Wes Burk
Why should a seller short sale?
Facts as per CAR attorneys:
1. FICO impacts are the same on SS and foreclosures
2. Banks will seldom if ever relinquish their right to recover on deficiencies
3. There will likely be tax consequences with SS and th...