I've done a lot of wraps and subtos and highly prefer the seller-finance strategy for a lot of reasons, including offering the opportunity of homeownership to those otherwise rejected by traditional banks. I want to c...

I invest in foreclosures in the Monterey Bay region. I have been doing this for 2 years and have had 7 profitable deals.
This is a short tutorial of the process. By the end of this post you'll have...

I do not wish to criticize, but I have found the Norris Group's postings (here and elsewhere on the Internet) to be long on theory and short on detail. It was claimed at another board that lenders exist for end buyer...

I'm hoping to find more information about a seller receiving a 1099 and being responsible for income taxes for the difference between the sale price and the outstanding mortgage during a short sale. Does this always t...

Hello all!!Boy, do I have a story to share.As we all know, the primary job of a Wholesaler is to drive for dollars and knock on as many MOTIVATED sellers doors as possible.So I was heading to my daily first of ten hom...

NMAR (Northwest Montana Association of realtors) The title company told me this morning that the head of NMAR just sent out a memo (haven't seen it since it is confidential????) declaring SS double closings illegal!...

I thought it would be a great learning experience for newbies and pros to post your recent direct marketing results on this thread. I'll go first:

Last night I sent out my first direct mailer. They were yellow letter...

I am in NY, my friend in Texas owns a house outright that he is rehabbing, due to some unfortunate circumstances he has run out of cash, and wants to finish the rehab and eventually sell the house. He has some overdue...

In June, I bought a 3 bedroom/1 bath SFH in Lansing, MI on short sale for $20,000 that I am now renting. I was able to find conventional financing from a bank, getting a 30-year loan at 4.79%. I'm currently gearin...

This was my first STR purchase. I decided to split it up in a partnership to leverage OPM (other people's money) to accelerate my growth. One of the partners is a physician and essentially a passive partner, so we ...