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Owner in Foreclosure
- Value 250k
-4br/2ba
- amount owed 235k
- default amount 7k
- monthly mortgage payments $1475
- owner wants to walk
- condition: great. rent ready
- monthly rents for similar properties $1650
...
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I am dealing with something of a mystery and would love to get pointed in the right direction or told not to worry about it.I have placed a bid on a 2nd NPN on a single family house in Connecticut, which was accepted....
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Here are the numbers on a potential Trustee's Sale deal. Is there enough profit here and have I overlooked something big? Thanks for any feedback.ARV: $375,000 (Broker says more but this is a solid, well comped numbe...
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Question: If I find a Pre-foreclosure listing on Zillow, but it mentions that it’s thru auction.com, do I have to contact the realtor listed or can I door knock and try to make a deal with the home owner? Also, doe...
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Hi guys,I am new to BP and I am interested in flipping and buy and holds. I have 12+ years experience in new construction project management. I'm learning a ton from all of you guys and loving the podcasts. Looking...
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Has anyone ever sold a property with seller financing then later extended the repayment period or modified the terms of the loan with the buyers? Or even refinanced it to them?I’ve been searching for a form or contrac...
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This is a 30 thousand feet overview of the process. Correct me if I"m wrong, then a couple questions at the end. Motivated Seller has a property in pre-foreclosureWe set up a Subject 2 agreement with the sellerWe pay...
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So far, looking like pulling teeth would be easier. What would be your advice for asking for a listing of those parcels where the real estate taxes are in arrears, including those slated for the annual tax sale? I use...
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At a recent REI seminar, the speaker said that when you buy a rental property, you get the rents for that year. Like, if I closed in May, I should get Jan-May's rents and deposits from the seller at closing. Is that r...
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Hello everyone,My name is Mikhil. I am very new to real estate investing and I am trying to learn as much as I can through the podcasts, forum posts, and books. I am currently looking for my first deal. I am trying to...