David Waldy
Distressed FC - Bank won't finance. Alternative financing option?
Hey BP Fam,We found an off-market, distressed Foreclosure that didn't sell at auction and Freddie Mac took it back. Contacted broker in charge a month ago and he did the "set-out" and initial review yesterday... Went ...
Troy Ross
Lease Backs on Short Sales - Free Distress - Bank Concerns
I would love any feedback on this subject. I am checking out a company that will purchase a distressed seller's home and rent it back to them at a reduced rate, lowering their monthly payment significantly. They will ...
Lashon Ene
Since Banks wont lend for distressed properties/using Leverage?
Hi everyone,I have a question that came to my mind today. I recently purchased my first property (from a wholesaler) and plan to fix and rent then Cash out refi. I was always told that it is better to use someone else...
Brian Degener
Any Experience with Distress Pro for BANK DEALS? REO?
Good Morning BP CREW! Has anyone had any experience with distress pro website/service?Brian
Maryam Mostafa
HOW DO YOU CONVINCE THE BANKS TO BUY DISTRESSED PROPERTIES
I ahve been seeing this lately. many investors starting out buying distressed properties but then the banks doesn't approve those typically, and they mention they have been dealing with the banks. what am i missing? D...
David Waldy
Distressed FC - Bank won't finance due to condition. Any Options?
Hey BP Fam,We found an off-market, distressed Foreclosure that didn't sell at auction and Freddie Mac took it back. Contacted broker in charge a month ago and he did the "set-out" and initial review yesterday... Went ...
Corey Dutton
Banks Closed For Business in Europe: Private Money Lenders to Help Distressed European Investors
Times are tough in Europe. Bank lending in Europe right now is similar to bank lending in the U.S. during 2008 and 2009. Essentially non-existent. Although bail out monies are being moved to the most troubled banks in...
Keith Ellis
Seattle wholesaleing
Hi BP.I feel that owner occupied wholesale is not possible even though gurus do say it is. I'm wanting feedback or suggestions on how to get a deal done by owner occupied or is it even worth time effort.
Corey Dutton
REOs and Short Sales Over 40% of All Home Sales in 2012
As reported by RealtyTrac, foreclosures (also called REOs) and short sales, accounted for 43% of all home sales in 2012. “Distressed sales are still a disproportionately high portion of the overall housing market,” ...
Edwin De leon
Are CT Bank REO's Not Selling REO's Sell Undermarket No More
I want to simply know if I should go after REO 3-4 Multifamily Properties in Connecticut or I shouldn't, is it a waste of time for me to go after them if I am looking for undermarket value prices multifamily houses in...