In March of 2012 I attempted to buy a HUD foreclosure house. The house was misrepresented as a 2 bath home and had extensive damage not shown on HUD’s inspection or appraisal. After I had my inspection completed I can...
Hi BPers,Looking at a multifamily property (4 units) that needs a considerable amount of repairs (~50k). Does anyone know of a lender that is willing to lend for the repair costs as well as lending for the long term, ...
Hello Everyone,I hope this is the correct forum for me to submit this. My apologies if it is not.I put in an offer in a row-home in Allentown, PA.Seller's original asking price was $50,000 and we agreed to $47,000 wit...
To my seasoned investors, do you recommend setting up an LLC or some type of corporate entity? The plans are to acquire rental properties, but with the income generated would it be better to have a business overseeing...
Who establish the starting bid price (minimum bid) in a Trustee Sale auction ? Is this price relate to the mortgage balance ? I see a case where the mortgage balance is 350K and the starting bid price is 200K. What ...
Hello there everyone-
Not too sure if this qualifies as an announcement but I would like to let people know a little bit more about HUD (Housing and Urban Development) and FHA (Federal Housing Administration). HUD do...
Besides all the brokers floating around claiming to be note buyers, does anyone know real buy and hold note buyers that will buy what would be HIGH YIELDING UNSEASONED NOTES? I do understand that the discount would be...
Hello I starting a new passion in life in real estate and I was told that starting tax lien properties is a great way to create cash flow. I wanted to know what would be the first step for going in this direction
Hello all. Newbie Here!
I am looking at a property that I would definitely like to make an offer on. From what I have supposedly heard from the agent, the seller is extremely stiff on the price. The house ...