Recently I have been looking at properties in this San Diego county and I have been finding houses close the 50% of what they are actually worth. Which is well below the 70% rule for house flipping and a good margin i...

I'm considering buying a "triplex" (its really a duplex and a SFR on the same lot"  It's in a C+ neighborhood.  Fixed up it would cash flow very well.  It's located in Missouri, and is an REO.  It's on the MLSMy realt...

Hi Everyone, I am a new member from Chicago. I work in real estate but on the industrial side of the industry. I have been trying to buy a home from WAMU for my family to live in for some time. I was going to buy it a...

Hello, my name is mike and I am with a national default outsourcer handling loss mit, collections, foreclosure, REO, etc on a national level for a variety of lenders. I stumbled upon this site, and I guess I am inter...

being a HUD listing broker I have to teach at least one class a month to agents and buyers on HUD's process. If there is enough interest I can set up a class for investors or agents in the Northern Colorado area. I...

There is a property in my neighborhood that the owners are trying to sell before they get foreclosed on. They are behind on payments and want they are asking is way too much because they owe too much. It’s a big brick...

Hello BP community.My name is Julian, I started as a software developer. In 1999 I started a web hosting company and grew it to be the 2nd largest in Mexico, sold it, I took a year off, got bored, started yupicall.com...

I finally got around to watching 99 homes. A movie about a crooked REO agent and evictions in florida. The movie was entertaining but had some serious issues. 1. Foreclosures in Florida (where the movie takes place) t...

I am trying to buy a house that was in foreclosure and is now a REO. We agreed to a cash sale as is and the agent sent a contract to purchase. The problem is there is language in the contract addendum that says the ba...