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Results (2490)
Christopher Short Taking me a while to get my first property under contract
29 November 2018 | 5 replies

I've been going really hard with my agent finding deals on MLS for fix and flips. I have run across a few good properties but i am just now getting into the "make an offer" stage. I have a property in mind but it has ...

David Kimball Submitting REO Offer: Sales Contract? Offer Form? or Formal Letter?
29 June 2012 | 3 replies

Hi I know that there has been some discussion about the finer points of submitting REO offers. But which is actually the proper format to use - sales contract, offer form, or formal letter?
And if offer form is the wa...

Account Closed Georgia property
23 April 2009 | 8 replies

Hello,
100 units
asking price 2.4mln
2/1 72 units rent 475 sf 900
3/1 28 units rent 550 sf 1000
NOI 318500
February income 41024
February expenses 14223
Stated occupancy 92%
How you see this deal?
Thank you

Major Jones REO Contracts
9 January 2015 | 5 replies

My REO agent asked me about the terms that I'd like to include in the contract for her to write up. When submitting offers on REOs, or any active property on the MLS, is it a good idea to include an inspection as one ...

Brian Garrett Leasing a new car (Conventional DTI Concerns)
22 March 2018 | 100 replies

So I decided to sell my luxury car in order to free up more capital for real estate deals.I couldn't justify having a lot of cash tied up in an expensive vehicle anymore knowing I could be investing that money.I curre...

Samuel Ksiazkieicz VA loan as 1st in 80/20, will short sale affect sellers VA benefits?
5 February 2010 | 6 replies

I have an 80/20 short sale I am working with a retired sailor. The 80 is a VA loan but the 20 is regular. If I short off the 20 will this affect their ability to use their VA benefits for another VA loan later? For ...

Jeremiah Jordan Plumbing problem
15 August 2012 | 8 replies

Last night I planned on replacing the spout on the tub at my residence (easy job right lol) and after taking the old spout off I realized that the galvanized 1/2" nipple sticking out of the wall was badly corroded and...

Account Closed Wall Street Journal - Sacramento Market
30 May 2017 | 3 replies

Hello Sacramento BP community,I’m sure many of you have seen the Wall Street Journal article from a few days ago, regarding the Sacramento market "real estate boom." If not, here’s the link: https://www.wsj.com/articl...

Daniel Smyth COVID-19 as the past 18, asks us "Can you hear me now"?
29 March 2020 | 0 replies

While the phrase "Can you hear me now?" is from a cell service carrier, I wonder what would have happened if Ros Perot would have used that line in another presidential run. Ross Perot warned us all about the dangers ...

Dave Grosse 2 Loans - short sale or what should I do?
3 February 2010 | 5 replies

I'll keep this as short as possible:

Wells Fargo in 1st position w/ $75,852 owed
Regions Bank in 2nd w/ $22,362 owed

house is in decent area, but needs a bunch of work:
roof, gutters, some fascia
new flooring thro...