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How would you respond to a counter offer where the seller wants to cover roofing defects with liquid asphalt? From what I have collected from professionals is just adding a bandage to the situation and would void any...
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Hi,I wanted to get advice from others who been down is road before. I have a property I’m interested in that is listed for $55,000 and been on the market for 634 days. The home value is $49,000. Also the comparable ho...
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I got a question for everybody, what jobs do you guys currently have or if you are a full time investor what did you do before that, I am still a lab assistant, I make $10.60 an hour but I gave notice and my last day ...
Hello All! It nice to be here. I'm new to the site and new to Real Estate investing. I found 3 little one bedroom houses. Ok, I admit, emotion got the best of me. But as I looked closely (well, remotely) at the units...
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I’m in negotiation for an REO. The listing agent informed me up front that the furnace didn’t work. He didn’t know what was wrong with it, just that it wasn’t working. I asked my lender (conventional mortgage from a b...
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We have an opportunity to invest in DFW area (45 minutes from downtown)... The success of the deal would be predicated on appreciation. What are y'all seeing in the DFW market?
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Hi BP, excited to say I made my first offer as an educated real estate investor today on a Freddie Mac REO property. I emphasize the "educated" part b/c I made an offer on an investment property 14 months ago...and t...
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I am about to make my first REO offer, any advice on getting it accepted or what to expect would be greatly appreciated.
I read a BP blog post about how to get my offer accepted, and I am planning to remove the inspe...
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I thought it would be very helpful to start a thread where we track approved short sales and some chosen details. That way, as investors, we can better track the progress from the lender to lemnder or servicer to ser...
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I have about 7-8 files in negotiating right now with about 4 different banks that have all been assigned negotiators and have had BPOs performed on them. Most of them even with 2 BPOs or appraisals. All 7-8 file bank ...