I am looking to make an offer on a 9 unit in my farm area and I need a little bit of advice. It is in a B- part of town that is quickly transforming into a sold B and potentially a B+ in the future.
The askin...
I am a rehabber dealing mostly with REO properties and I am having a miserable time finding deals. I am up here in New England (northern MA/southern NH) and for the past 6-8 months the prices on REO properties have i...
Wow - just had two potential buyers send in offers on a $500k deal (8 rental homes) where the seller was offering owner financing at 6% $150k down, 30 year amor w/a 5 year call. I've talked to several commercial a...
I'm scheduled to close on my first HUD property this week, and I have a potential buyer for my property. I'm wondering the following:
1) Can my end buyer funds be used to close on A&B part also;
2) Since HUD pr...
What are the rules regarding wholesaling a HUD home? Ive read several blogs but still confused. If they accept whats my timeframe? Are there specific rules in different States? Im in Texas.
I am checking to see if anyone else has had this issue and if so how it was resolved, good or bad.I have had a short sale under contract to purchase for 2 years in Vegas. Last month I finally got the approval from the...
Hi All,
I’m looking to purchase my first 3 family property in Union City, NJ. The home borders Weehawken which is one of the best areas for buy and hold in NJ. I’m a little concerned on a counter offer the listing ag...
I have a seller that wants me to remove the language from the purchase offer that would allow me to back out of the deal but I'm hesitant to do it for obvious reasons.Anyone have any creative ways to help protect myse...
Hi all,
Has anyone ever bid and acquired a property on Home Path? The 10% down is a very attractive offer along with no PMI. The bid price seems to be pretty attractive compared to the value giving what appea...
I'm considering investing in a duplex that I will owner occupy. The duplex was built in 1991 and is priced at 285k with an assessed value of 255k. The listing agent said that the price was set where it's at because ...