Account Closed
Why do only 35% of short sales close?
CNBC just came out with an article today stating that foreclosures are on the rise and that this is just the beginning. Please inform all of the realtors that you are working about this new information.
It stated wi...
Sean W
How Bankruptcy Affects the Short Sale
I'm about to work on a short sale with a seller who's ex-husband has gone through bankruptcy over a year ago to delay foreclosure. Since 2006, nothing has been paid on the property. Two mortgages have been taken out o...
Carlos Rodrigues
Found a good short sale
Good evening BP members I wanted to discuss about a short sale in Elizabeth NJ I seen today. The property is listed for $250,000 and the property isn't in bad condition. I was wondering though how I'd be able to offer...
Kellan Martz
Just closed on a buy and hold duplex.
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $68,650
Cash invested: $22,000
Buy and hold duplex. Cash invested in down payment and closing costs. We ar...
Estate Vestor
Short Sale - Negotiator Fee
I have been negotiaing with banks on Short Sales and Modifications but never on a fee for service basis. I have someone who asked me to negotiate a Short Sale for them. Property is already listed with the Realtor and ...
LaRay Chambers
Smoky Mountain Gold Mine Property
Investment Info:
Other hard money loan investment.
Purchase price: $95,000
Cash invested: $140,000
Sale price: $525,000
I own the 1.2 acres outright including the adjoining 17+acres, utilities to...
Luiz Souza
MLS Good Foreclosure deals are drying up!!!!
I'm back hunting for foreclosures but apperantly there is a shortage of good deals & the ones available are flying off the shelf with people paying more than I would.
Is it time to break out the We Buy Houses, et...
Eddie Austin
Looking to Raise Capital
Investment Info:
Large multi-family (5+ units) commercial investment investment.
Purchase price: $3,900,000
32 Unit apartment building
What made you interested in investing in this type of deal...
Ray Eason
Making Offers
Hello and good evening everyone.What's the best way to make offers to Home Owners/Sellers?I've been told and taught to make low offers. I've heard, if you aren't intimidated enough (or scared) by your offer, then it's...
Juan Bautista
First time home buyer
I’m in the process of getting my first home loan, plan on buying a duplex to live in for a year and then renting out both units after. Is it a good idea to hire a real estate agent? I prefer not to because I think I c...