We have been buying short sales for investment purposes, primarily fix and flip. We just got a rejection from BofA and the reason given was that we had a hard money loan, and they will only accept conventional financi...
ALL:
Good morning. What's the deepest discount you received on a short sale? Was the property in pretty bad shape, or was it fairly decent? What was your exit strategy, and how much total profit did you receive from ...
Does anyone have any experience with a homecomings financial short sale? I am two weeks away from the date for the sale and they won't give me an answer. The homeowners are more than a little nervous.
Thanks
First post, sorry if I seem like a newb. I am in the middle of trying to sell my house. If I cannot sell it I am thinking about trying to do a short sale on it. If I have a decent amount of money saved, will the ba...
So I recently came across a new way to make money in real estate it's called a reverse short sale. Basically in a nutshell we would wait for a short sale to fall apart and then after that happens we would go to the au...
I think we messed up -not sure - We made an offer on a short sale property and seller accepted our offer. It has gone to their bank for approval with no response in sight .Its 1 1/2 months to date since our offer h...
Does anyone know of a company you can outsource the short-sale to in California?
Does anyone know of a good place on the internet to find an article that I can use to explain a short sale to someone in simple terms? There is a woman next door to one of my listings that is about to go into foreclo...
Hi, wondering what the average haircut lenders are accepting on 192k payoffs and 101k payoffs? Do you believe 25k would be an acceptable deduction? Also, what type of resale restrictions are the majority of lender...
What is best way to advertise short term rentals? I have an agent marketing the property but it does not seem to be listed on many sites. I was wondering if I could list it myself through rent redi as a short term ren...