Lisa Monroe
Making Offers on REOs
Good Afternoon Everyone,
I recently tried to submit an offer on an Orlando foreclosure. My offer was $50K and the listing price was $75K. It had been on the market for 65 days. It needed work and it was at market va...
Vanessa Garcia
Note Foreclosed, Next Steps?
So my brother @Eli Garcia and I are working together on increasing note holdings between the 2 of us. 2 heads are better than 1 kind of thing. Any who, he bought one that's in Detroit, MI that was in foreclosure and...
Lokesh W.
Jeff Watson's: Make Money from Short sale. Flip free profits?
Hi,
Has anyone purchased this course from Jeff Watson and Brian Meara's short sale strategy? This is supposed to be a new strategy - some flip free strategy. It says it is not lease option. They were selling it for $...
Michael Hicks
Realtors...why don't they answer their phones???
I recently purchased a home a little further away than I normally do. I used a realtor familiar with the area. I was pleased and decided I would use her to list the home as well. I told her it would be ready in 3 w...
Hector Serna
Just canceled my 3rd deal… time to start over
Hey guys,So I recently got out of my 3rd deal in Cicero, IL (Chicago Land Area). I’ve gone through the process 3 times (Offer accepted, appraisal, inspection) and for some reason something always needs to come up. So ...
Hady Farag
Home purchase severely under appraised ... Advise?
Hello BP,
First time home buyer here and need some insight/advise on my current situation. I'm currently under contact on a MFH for $650,000 and had an appraisal come back at $475k, approximately $175k under that pri...
Jake Carter
My Short Sale Experience with WaMu/Ocwen
Hi all,
I am in the process of a short sale on my home here in CA. I started keeping a log of what has happened so far and thought it might benefit others if I share what happens. So I googled for a short sale/forecl...
Jonathan Sher
GRM? Cap Rate?
Hello everyone. This is my first post on the forum besides the new member area. I have been reading a book about investing in Duplexes, Triplexs and Quads. So far, the author has expressed his use of GRM (Gross rent m...
Account Closed
Regret accepting offer with owner carry in 2nd position
After listing my property (a 4-plex in San Diego) too high in a declining market, receiving no offers after a month even after a 9% price cut, I asked my broker: at what price could he guarantee an offer within a week...
Alex Klimenko
How much should a wholesaler profit when selling to an investor?
Hi guys,So I recently came across an amazing deal which I got under contract. I ran the comps and they are amazing, I am about 55k-60k under market value on this property. A house across the street with the same exact...