Hi everyone, my name is Nathan. I am brand new to the world of real estate.  Last year, I decided it would be better to rent out my house that I bought in 2004 since it was still under water. Since I couldn't sell it ...

I closed on a house on Dec 2nd it was my first short sale deal I had been involved in about 7 attempts at short sales during the previous year and none came to fruition . What I found was the delay from the bank becom...

Hi All, This is my first post. My best friend who is a avid BP member suggested to reach out here for help. So here it goes....I bought first single family home (2000sqft) 2 yrs ago in Cedar Park, TX area during peak ...

When buying a recent property in New Jersey, I was personally inspecting the property with the realtor when I began to make small talk with the current owner. He was upside down on his mortgage, and had come to accept...

I entered into a short sale contract June 3, 2016.  The bank has taken a long time to approve and now they say we need to close in 3 weeks.  The seller is now concerned that he may have income tax liability on the amo...

We have vacant land under contract to a buyer for $149,900. There are no realtors in the transaction. We own this land free and clear. The buyer just learned the bank won't loan her the money until a well is installed...

Short-term Opportunity for Buying from Panicking Sellers: Current market conditions, characterized by sellers eager to liquidate assets quickly, may offer a temporary opportunity for investors to purchase properties a...

We have vacant land under contract to a buyer for $149,900. There are no realtors in the transaction. We own this land free and clear. The buyer just learned the bank won't loan her the money until a well is installed...

Wanted to get a good thread of ideas on how to pay a seller some moving money that would not violate the lenders rules based on the approval letter. Remember it is the LENDER RULES.....NOT LAW on most cases unless it ...

I swear I read a New York Times article not long ago stating that the Obama administration was pushing through some program of incentives for all parties involved to encourage short sales. I seem to recall something a...