Good Evening, I am new to real estate investing as a wholesaler. I am getting great information from BP and I am learning a lot but I have a question....How can you wholesale properties that still have a MORTGAGE? It...
I was talking with a friend and we discussed something that I havent really considered before.He claimed that he was underwater on his house because if we wanted to sell it he would only be able to sell it at market v...
https://www.parealtors.org/hom...
Hi BP, just ran across a strategy to help owners that are underwater in their mortgages. I know this was a hot market several years ago and still might be in some states. Does anyone know the stats for these underwate...
Is anyone successfully closing mortgage assignment deals in huge negative-equity markets like Las Vegas in which nearly 80% of all homeowners are underwater on their mortgages by as much as 80%?
Given such huge negat...
Hello everybody!I have few questions about buying a house "subject to": the owner of the house is kind of under water so by buying subject to, I'll let the owner off the hook from the mortgage by paying it.However, I ...
After reading several books about note investing and attending some local REO networking events, I’m still not clear about the exit strategy when purchasing non-performing notes.Let’s say there is an offer by a hedge ...
I have a home under contract that's in pre-foreclosure with no equity and the seller is upside down. I see two options for the homeowner, Short Sale or Owner Financing. Since this is my first contract I want to know ...
I connected with a seller the other day and can’t get helping him out of his house on my mind.. he is a retired firefighter and a great guy but is in a hole where we need to be around 85 and he owes 106. I’m a wholesa...
I recently saw a presentation on Subject To transactions and the presenter suggested an advanced concept that involved buying a property that was underwater and had two mortgages. He mentioned you could short the seco...