Christopher Morin
Short Sale - L/O back to seller?
Situation: Seller is 10k in arrears, payoff amount is approx. equal to the home's value... but the tenant will do almost anything to stay in the home. Sub2 isn't an option (I'm not willing to front the mortgage back...
Marquest Page
Arms Length Transactions
Hey BP,I need help, I am trying my hand in a short sale deal and came across a term that threw me off. Just to give some background of the situation, I came across a distress property doing driving for dollars. I foun...
Herb V.
BOA & Trans. funding
Does BOA have any issues with the use of a transactional funder on the A - B? Both A -B and B -C will be with cash. Thanks
Daniel McCain
Question about bridge loans
We purchased a property with cash and were implementing the BRRRR strategy. After a couple months of rehabbing the property we got a tenant in place. We talked to several different lenders about a cash out refinance...
Willis Seng
1031 Tax exchange question
Does a property have to be held for a certain time period or can an investment property be sold right away after purchase to qualify for 1031 tax exchange?
Brown Malo
I just purchased a Tax Deed from Brown County Texas. What's next?
Hello,I hope you are well. I was just the winning bid on a tax sale in Brown county TX. I have paid. Would anyone be able to offer advice as to the next steps I should take? The person when I paid was not very hel...
Joseph Stewart
Gas station / convenience store / liquor store due diligence
Hello! I am close to putting a gas station / convenience store / liquor store under contract. $8M asking price, $3M to business, $5M to the real estate. The sellers are requesting what I consider an unusually short...
Ronald Stanley
Advice for starting out with Tax deed and Leins
Hey Family,I live in Georgia and I am interested in investing in tax deeds and tax liens. My state has a pretty good interest rate of 20% interest on redemption Deeds. The problem is that you have to wait a year befor...
Account Closed
Question regarding foreclosure timeline
Hello, I am hoping someone will know the answer to my question. A little background: I have been seeking to invest in pre foreclosures. I am part time, so I can only put so much time into my marketing. One method I am...
Tom Kitas
Transactional Funding and Short Sale Flips
Hello everyone I am very new to this forum. I have read a lot of the different threads and find the people on here very knowledgeable and helpful. Now I hope someone can answer a question for me. I have been in real e...