Good day BP members,Seller and buyer enter into legally binding contract.  Seller later makes themselves unavailable in an attempt to ensure that closing does not occur.  Buyer suspicious finds out through property se...

Today is our closing.  As the property is 3 hours from my residence, I did my closing yesterday: signed all final loan documents, wired my money to Escrow, etc., and we FedEx-ed our documents for 8AM delivery this mor...

Ok here is the rundown. I am a builder and I have one unsold property from the market tanking. I have a construction loan from 2007 that every 6 months the bank willingly renews at 6% interest. I have not been late or...

I have a 2/2 condo in Gulf Shores, AL that I owe right at 250K...the condo is probably currently worth 115K...I have a potential buyer that is interested in me "owner financing" the deal, and she basically take over m...

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*This link comes directly from our calculators, based on information input by the member who posted.Hey everyone.  I made an offer on this property yesterday and just received a call from...

Hello BP!I just joined the service a few days ago.  So far I have been impressed with the level of discussions and advice being given within them.My hope is to network with other folks from Southern California who are...

Hi everyone!

I am new to the RE investing business. My interest lies in preforclosures and foreclosures.

My questions are:

1.) When and why should you choose "subject to" financing over short selling?

2.) I heard ...

I have a condo purchased in 2006 as principal residence and began renting it out in 2009 (underwater and could't sell). I have an interest-only loan and the 10 year interest-only period just ended, so my payment has i...

First post here so I'm looking forward to the feedback. I have many many other questions but I figure I'll ask them a little at a time to make it easier to digest:I'm interested in a 7 unit multi family property in Ea...

Please, I know there are a lot of people who will want to argue that real estate is not in a bubble, and/or that it will never burst. We disagree, and that's not what I'd like to discuss. I made a lot of money in stoc...