Eric Foster
Short Sales getting accepted - More or less?
Hello Everyone!
I have not attempted (notice the wording used) a short sale in quite a while. I was wondering if you have noticed that the lenders are more willing to accept them now with all this mortgage mess goin...
Don Konipol
What is a real estate investor?
Or, more specifically WHO is a real estate investor?As the term is now used, a wide variety of activities, some having almost nothing to do with investing, many having only a passive association with real property are...
Basit Siddiqi
Appraisal came below Purchase Price - What Should I do?
Hello Everyone,I hope this is the correct forum for me to submit this. My apologies if it is not.I put in an offer in a row-home in Allentown, PA.Seller's original asking price was $50,000 and we agreed to $47,000 wit...
Steven King
LLC
To my seasoned investors, do you recommend setting up an LLC or some type of corporate entity? The plans are to acquire rental properties, but with the income generated would it be better to have a business overseeing...
Timothy Albright
What happens if buyer cant pay / Seller financing
Quick question about seller financing. Let’s say the property is free and clear nothing owed, owner decides to seller finance, at some point the buyer stops paying for property. Would this property go into foreclos...
Joe Henry
HOA foreclosure purchase, lawyers potentially didn't name active duty spouse on title
Well I've got myself into a pickle. It's been a long time since posting here, I hope everybody is well! This is a tough one, I've spoken to lots of investors but this is outside the normal realm of knowledge for most ...
Serge S.
96 performing contract for deed note offering
I've been offered a note portfolio but have not had much experience here. Looking for guidance and what you would pay for this deal.
96 Contracts for deed and note modifications.
Total BPO value $3.29
...
Ann North
Foreclosure and LLC in California
I think this Forum might be a better place to help. I would like any advice on our rental property condo/townhouse in California that is in Pre-Foreclosure.It's complicated and I'm trying to figure it all out. -The pr...
Account Closed
owner wants walk away cash for short sale
A homeowner that contacted me from a yellow letter is willing to short sale her home. She owes too much. She is 6 months behind. The house needs a total rehab to be rent ready. She is supposed to talk to her mortgage ...
Lang Le
Starting bid price in a Trustee Sale auction
Who establish the starting bid price (minimum bid) in a Trustee Sale auction ? Is this price relate to the mortgage balance ? I see a case where the mortgage balance is 350K and the starting bid price is 200K. What ...