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This loan has a $245,000 balance with $24000 equity. Property appraisal opinions range from $270-$310K, and currently insured for full-replacement at $293,000. I pay around $1850/mo on this loan, and recently fell b...
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Do you set up rental home showings, one by one? or bunch them all together
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A very unusual situation here.
2nd deed of trust trustee sale opened at $218k
At the same time the 1st deed of trust opened at $27k
No subord agreements - no other liens.
In NC we have a 10-...
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I’m looking to scale my real estate portfolio using the BRRRR method but want to understand how investors manage to do multiple deals in a year. What are the best strategies to fund and execute several BRRRR projects ...
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HI guys,
Wondering if anyone has an addendum to provide to the end buyer when flipping REO OR can anyone just list the best contigencies you use in your addendum?
I would like to see what everyone is using and imple...
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Hello BP Nation - I am happy to report that I will closing on a 56 unit complex this week. I will post more details regarding numbers but the short of it is as follows:
56 unit, class B building in class B ar...
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Hey all. I had a situation come up, which I will explain below, that made me think to bring this to the community to get your thoughts on it. I wonder what everyone's process is like when you do a short sale. I'm talk...
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I am not wholesaling anything but had a question.
You find a REO for $500,000. Market value is $3,500,000.
How much would you wholesale this property for? And would your end buyer have a problem with the spread?
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As I read the forums, I realize that a major way to categorize RE market participants is by the amount of time they can devoteFrom least to most time1) passive investors. Have FT job. Dont have/want to spend a lot of...
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Hey, BP!Hope all is well. I'm fairly new to BP & I've been doing due diligence on how to do simultaneous closings. I've been reading through your posts & looking at your recommendations.Here in FL there are a ...