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I've been reading with great interest the articles by Ben Leybovich, especially the dilemma regarding obtaining non-recourse financing for the debt portion of deals. I think doing the larger deals the - GP/Syndicator...
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We started out just adding a room addition to a house. We're now looking at a $60,000 loss and 9 months to completion. We got the permits and built the addition. When the contractor started to tie into the existing ho...
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Just announced today that BoA will be slashing deliquent home loans upwards of $100,000.
How does this make you feel? I personally feel like this bank should have gone under.
Does this bother anyone else that BoA ...
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I am trying to buy a property from a seller who acquired the house through a Tax Deed sale in Georgia. He has already gone through the necessary foreclosure steps according to his attorney.The seller tells me i will ...
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I've never invested in an REO. I wonder how willing banks are to negotiate their prices when it comes to their REO listings?
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I lived in AL. We used a realtor to sell our previous home. We sgned a contract that she verbally went through as we were signing it but never provided a copy. She stated that if we were unhappy with her selling the h...
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Hey, I was wondering, what is the price for converting 2 car garage to a 1bd/1ba Unit?how much the labor/rehab cost?How much the city fees to get permit?how long it usually take?nothing crazy, simple 1bd/1ba Unitthanks!
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Has anyone here had success with door hangers to try and target distressed owners?
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Hello all,Since California RE is getting out of hand, I decided to do a small investment in Schaumburg/Hoffman Estate area. Can you please chime in if this is a reasonable investment in that particular part of Chicago...
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I am a hard money/private money lender/rehab-er in my area. I had a lunch meeting with a rehab-er about a project he was considering. He showed me the property he was looking at and gave me all of the details (it happ...