Samira Beheshtian
Subject to & Wrap Mortgage Buyers
Hello All,
My team and I have acquired a subject to and are in the process of a wrap in Florida, but we have a questions and are worried if the Buyer stops making payments to us. What happens if they miss payments, ...
Nader Hachem
Placing purchase offers
Hey BP,One of the things i came across while reading Brandon Turners- the book on rental property investing- says “analyze 60 houses a month, make offers on 6, have 1 agreed upon”. Not sure how this process works. If ...
Justin Case
Offer on Bank Owned?
Just came up on a property that is bank owned and cash flows.
How much profit does a bank go for to get a property off their books?
I know what they paid for it and it is listed $50k more.
Anyone...
Herm M.
We need to create this topic: % of BPO acceptance
It seems like this question has been popping up lately: What are banks accepting on short sales vs. the BPO amount?
There's really no answer, it varies case by case.
I think we need to create a thread where people p...
Anthony Angotti
Buying a Property In Foreclosure Process
Hello Everyone,I have a property that I am looking to buy that is a bit of a complicated one for me that I need some help with. I'm going to consult an attorney to be sure how to do things (if I even can), but I wante...
Jaago Viitkin
Be Creative,,,can you make this deal work?
creative investing, think outside the box, foreclosure puzzle, can this deal work, solve problems?I ran into a beautiful lake house in Florida. A broker is selling the house and saying HOA has quick claim deed on the ...
Myrtle Blackman
upside down how do I wk with the bank owe149,000 value 23,000?
Hello my name is Myrtle B. I live in metro Atlanta Ga. I had my Re. lic. for over 20 years active. I have never done realestate full time.I had young children and my forcus was on my family .4 months ago I went inacti...
Preston Dahl
Help!! Short Sale Two Houses Away for my first deal!
Preston Dahl3 minsHELP!!! I have an awesome short sale opportunity on a house that is being foreclosed on two houses away from me. How do I do a short sale? Can anyone provide sound advice or point me in the direction...
Armin Hamba
Default on Hard Money Loan in Seattle
I'm working on a fix and flip in Seattle with Eastside funding as the hard money lender. I ran into financial issues during the project and do not have the cash to finish the project. The property was purchased 5 mon...
Mazyar A.
I did not issue 1099 for expenses, can I carry over to next year?
Hello,I had some renovation expenses in 2020, for which I was not able to issue 1099 forms on time and to send out to the subcontractors. Does IRS accept carrying those expenses over to 2021 if I issue and send out th...