Maurice Lightner
Subject To in a C- Neighborhood
I have the opportunity to acquire a house 3/1 in a C- Neighborhood. Now I’m familiar with this neighborhood and myself and my girlfriend used to live close to this area. The seller is under water on the house bought i...
Christopher Wilchensky
Laid off - looking to network / learn
Hello all. I’m looking for some guidance. Here’s a quick backstory (because I think it’s relevant). Also might be TMI but I think it’s importantCurrently 37 years old. I invested in a rental when I was 25 in 2007 righ...
Andrew Hoek
House Approves Short Sale Tax Break
Following the housing bubble of 2006-2007, Florida experienced a surge of foreclosures and short sales. A short sale is the sale of real property for less than the amount owed the mortgage. Short sales are subject t...
Account Closed
No equity? Negative equity?
No equity? Negative equity in wholesaling? I need help please. This one stumps me. Especially no equity. Can someone explain the important and or role equity and the sellers loan amount plays in this situation?
Rachel Mag
Neighbor's house is in Default. Can I rent house from bank?
I'm extremely stressed out because my neighbor's house is in default & instead of waiting for it to foreclose, she is up & leaving to another state. The neighborhood we live in has gone downhill quickly & ...
Jake Plumber
Who's Liable for IRS Tax Lien Complex Situation
Thanks in advance for the help!John has 5 properties. John has a $100,000 IRS Tax Lien. Buyer 1 buys one of John's property through a tax foreclosure sale, no notice is given to IRS of sale and it is in a non-judicia...
Sam Perez
Friend moving out of state wants me to take over property
A friend of mine owns a 2 bed 1 bath house in Crum Lynn, PA. He's moving to Arizona in January and doesn't want to deal with selling the house. The property has a new bathroom, kitchen, water heater and heating (two y...
Brant Jones
Subject To Financing in Wisconsin
Has anyone successfully transacted a "subject to existing financing" deal in Wisconsin?My agent is telling me that it is impossible to deed a property in Wisconsin with existing financing on it, but I do not see why t...
John Horner
Sub 2 purchase with 2nd lien from Hardship Refinance
I have a lead on a lady who wants to sell on a sub2. She did a cash out refi before 2008, then when the market crashed she was underwater and couldn't pay so she did a hardship refi which took $21k out of the pay...
Richard Florestan
Interesting way to buy properties at a low price. Pre Forclosure
Hi,I had an idea from someone who said he worked for an investor that used this strategy for building a real estate portfolio and was wondering has any one else tried this or even have thoughts about it.What the did w...