Austin Wood
Possible exit strategies on this preforeclosure?
Preforeclosure worth around 230k. owner owes 245k left on the mortgage. The house could rent for 1400-1500. Assuming she can’t sell it on the market, what are the possible exit strategies for this house? I am thinking...
Account Closed
what do i do with a house that is under water
not literally. i dont know if there is a different way of wording it....
basically, he has 80k left on his mortgage. the market crashed and now the comps are running about 65k (without looking at repair costs...
Melissa Dorman
Subject To in Los Angeles
So in LA, it seems Flipping is very hot! But deals are slowing down and when there is not enough "meat on the bone", I'm thinking Subject To deals might be next. Does anyone know how to do Subject To deals in Los Ange...
Eric Olsen
How to help seller
Beware*** Newbie Alert***Through networking a seller called me wanting to more or less get rid of her home. It is much further from my area that I intend to begin investing in yet I did tell her that I would look in...
Patrick Desjardins
Failure to pay at foreclosure auction question
Hey guys,I was foreclosing on a 2nd mortgage in Florida and just expected it to revert back to us and end up as a rental subject-to the first. Someone actually bid on it and had to deposit $7,500 but then didn't depos...
Pamela Baker
Purchase Short Sale without going thru the short sale process
Any advise or strategies on purchasing a property that is listed as a short sale without going thru the short sale process, i.e., take over payments. What are the steps to this strategy? AlsooOpen to any other ideas.
Jan Schwoebel
Help me review my deal
I found a "deal" on the MLS the other day and ran the numbers. Let me provide some context:DuplexEach unit is a 2bd 1.5 baCurrently rented for $850 & $900The current asking price on the property is $235k, might be...
Jason T.
Short selling an investment property
Looking for some help from folks who have been through short sales in non-recourse states.
Here's the scenario:
- The subject property was purchased as a primary residence in North Carolina back in 2008. There's is...
Paras Shah
wholesaling and "subject to" transactions
Hi,
Can you get a property under contract (that you will eventually wholesale) from a seller without engaging in a "subject to" transaction if the seller still has a mortage on the house? Here I am assuming the sell...
Jeet Sangha
How to determine if a pre foreclosure is a deal
Pretty much what the subject line says..What elements do I need to pay attention to see if a pre foreclosure property can yield profit. And is realtytrac a good source for pre foreclosures?Basically I want to learn ev...