Ok, here's the story...

I am in the process of buying a property in NJ which is a short sale. At the time the offer was submitted. The loan was owned by Wells Fargo. I received the short sale approval on Friday, July...

Hey BP,What are the pros and cons of listing your first fix and flip on the MLS vs. listing with an agent?

Hello BP friends,I want to sell a rental property purchased last year and pay long term capital gains tax. I understand it requires more than 365 days to pass from the day I bought it till the day I sell it.My questio...

Hi there,I'm making an offer on a short sale listed on MLS. It's the first day it has two other offers already. I'm trying to think of ways of "sweetening the pot" so the sellers will choose my offer, besides increasi...

So Was in the process of purchasing a property from a homeowner in foreclosure, She owed less than as is value and was going to actually receive some money from sell and the numbers still made sense. After speaking wi...

Has anyone ever seen such a clause in a contract(approval letter with terms) for a hardship based Short Pay, or even for a Short Sale?)"Dear Customer(s):Select Portfolio Servicing, Inc. (SPS), the mortgage servicer on...

Hi all,

I am currently listing my home for sale (lived in it for 18 months) with my realtor and plan to net approximately 61K after closing costs etc. I want to take a portion (or all of it), and put 20% down...

When projecting your returns to present to investors, do you use the NOI before or after Cap Ex reserves and asset management fees? Specifically the sales price.Thanks,

This week I won an auction on xome.com for a property in Portage county Ohio. I got the contract but I noticed that the seller listed on the contract is Nationstar Mortgage LLC. However, when I look at the county tax ...

Hi,I am looking for a realitor who has had  personal success negotiating a short sale with Nationstar.   Would like to discuss options and get an idea of the possible outcomes of this particular deal as well as lookin...