For a wholesale deal, I read somewhere that one of the question to ask the seller is "How many years left in mortgage?". My question is why ask. How is it affecting a wholesale deal???
Does that mean my offer shouldn'...

Saw a (newly listed and attractively priced) rental property with tenant whose lease expires 4 1/2 months from now. The current owners live in another state, 10 hours away. Property has been owned by this couple since...

So I am in the process of purchasing a multi-family home at a big discount from a seller that I am close to that is in foreclosure. I am trying to lean one way or another between doing a deed in lieu for six months an...

I have a possible 10 property deal that the seller is willing to do subject to existing financing. The primary issue is even though there is positive cash flow on the 10 properties the existing debt on the portfolio ...

I recently came across a possible deal.  I have a motivated seller who would like to move their property.  The property as it sits is probably worth $220k.  The Seller owes $198k.  I estimate repairs would run 30k not...

Due to old pipes and a new water heater I had a flood in my house. In the process I stayed at a hotel. The place has an ideal location, but is going under due to management.I talked to one partner and asked if she wan...

I have found a potential deal I think.

the home is in foreclosure and the auction will be in November. There are 2 mortgages on the property. the first is a farmers home mortgage that is assumable. The second is a...

I have seen several homes this week where sellers are all current on notes but house is slightly underwater. They don't want to short sale as it will affect their credit.
Is there any solution to this? Anyway to get ...

I recently learned of a situation where the bank denied an offer the owner(s) received on their short-sale home and they are nowfacing foreclosure. Although, I have the income and credit to obtain a mortgage for the p...

Hello Smart People!Has anyone done a LO on a house with no or negative equity (under water)? Your knowledge is appreciated!