This is a deal that the BP calculator seems to make work.  It would be my first investment property.  It is about 1 hour and 15 minutes from where I live.Purchase Price:  $139,900Closing Costs:  $6,300 (I went with 4....

So I placed an offer on a SFR, the listing agent told me through my agent that "The seller has received a second offer on this home and is requesting a 'highest and best' offer from the buyers by 5:00pm tomorrow" . Ho...

I'm looking at my first rental property.  This is in an working-class town 60 minutes west of Boston.  It's in good shape, doesn't need much work at all - maybe some minor stuff.  Long-term tenants occupy most units (...

Bank of America, one of the country’s largest mortgage lenders, says it is loosening its policies on short sales in response to the U.S. Treasury Department’s announcement last week that it would increase incentiv...

I can't stand people who use incorrect grammar (contractions)..... I just have to let it out!!!! I almost don't even want to log in to sites anymore.

Quick lesson.

You - I hope you know what this is and means.
Your ...

Okay, here's an interesting situation that my best friend (let's call him "Bob") found himself in this evening, and I'm curious what you would do if this happened to you... I'll try to keep it brief, but regardless, ...

I've been taking some aggressive action in my market at the advice of BP and others. I found a property that, when repaired, could be worth conservatively $600k. It's a Victorian style triplex with a 4 bd master u...

In the inspection period of a REO and this thing has run all over it! I have had professional inspections and quotes for pest, foundation, roof, and mold. My plan is to renegotiate a lower price or walk. This house ha...

Now that I got your attention, let's talk about Short Sales and whether/when they are a good fit.First, some context:A Short Sale is when the NET proceeds from a Real Estate SALE will fall not cover the DEBTS secured...

I am trying something new by starting a thread on a single Patch of Land loan for discussion and information sharing between investors.  This thread is to be focused on "Atlanta Luxury Property Rehab" in Atlanta, Geor...