A friend of mine is in a difficult situation. He's "way underwater" and in danger of losing his home to foreclosure. BofA has a first and is in the process of foreclosing but there's a private lender who has a secon...

Hi guys! We've started mailing letters to homes we've come across on our drive and got a response from one interested, out-of-state seller. His situation is that he purchased the property before the market crashed, he...

Hey everyone I need some advice on how to structure this flip... so I’m a realtor and have a distressed seller who has a house they need to get rid of. It would make a great flip but I don’t have the liquidity right n...

I am wondering how it might be possible to purchase a non-performing note directly from a lender, in this case it's Chase Bank.  I know for a fact that the borrower will never make payments.  Total balance is about 17...

:D I got an e-mail response from an older BP posting of mine. They are looking for a commercial property locator. They need distressed property owners that have non cash flowing and upside down properties. They will ...

Trying to see if there is any type of inventive way to get a deal on a house whose owner has used up most of their reverse mortgage.  Who am I really buying form the "owner" or the bank providing the reverse mortgage?...

Short sales have proven to be a viable route for distressed homeowners to get out of underwater mortgages or delinquent debt situations. In some U.S. Cities where housing values have bounced back quickly, many shor...

I got a call at around 4:30 this afternoon . My lawyer called and the basement in his office had 3 ft of water in it , and it was about an inch from the electric meters .  I grab 2 sump pumps , 60 feet of 1 1/2 pvc pi...

Hey folks,Im in a current underwater mortgage that will not yield any cashflow upon renting.  However, Im looking to make some moves.  I was approved for a loan contingent upon rental income for my current property, b...

Our Georgia / Atlanta based real estate company helps under water owners, owners with some equity but not enough to complete a traditional sale without bringing cash to the table. For the most part if these folks are...