I have been told short sales are no longer a good strategy in the current market because a certain bank restictions. true or false

I’ve seen short sales pop up in my area. Just curious the pros and cons of purchasing a short sale if anyone can share some insight. Thanks!

I'm wondering if anyone is even considering short sales as a buy. I've never had a good expierence with a short sale, always due to the bank dragging their feet and delaying the deal.

Buyers get antsy and walk away. ...

I know that in wholesaling the simplest route is to assign the purchase contract. In addition, my closing attorney said that he can complete a double closing in which the end buyer funds both transactions. If this i...

Hi everyone,
I'm looking for a layman's explanation of how a 1031 exchange works. I did some searching in threads and many of the explanations are pretty complicated. Can someone post a simple step by step guide to t...

I'm working on my first short sale. Meeting with the seller tomorrow to collect all of her info. She is in pre-foreclosure and owes $204k on a property that would likely sell for about $135-145k or so.

I have a f...

Hi all;
I am looking to do some wholesale deals with simultaneous closings. I remember hearing an investor mention doing it this way:

write up a p&s contract with the seller with your name and the buyer's nam...

When purchasing the “replacement” property, do we need to purchase a property equal to or more than, the Capital Gains or the Net proceeds?Sell “relinquish” property: $287kLoan balance: $115kCommission, fees: $15kPur...

Hello!We are looking at purchasing our first investment property - a duplex. After unsuccessful two attempts to buy a duplex in our budget around $300k with FHA loan, we thought to turn to a short sale, foreclosure, a...

This happened by complete accident. Once I got it stopped and I knew it was going to close, I had to share this with you..... I have a home in downtown Orlando that I was going to let go to sale because I couldn't fin...