Jose T.
Bidding on Second Mortgage at Auction in 2 days, big questions
I'm interested in bidding for a home at auction. There are two mortgages on the same property going to auction within 3 weeks of each other. The first mortgage that is going to auction is a secondary mortgage. If I ...
John Beck
Wholesaling step by step
Since I am new to the concept of Wholesaling and I am finding my self going into information overload is there a step by step guide to keep me on track.
Jeremiah O
Advice on a complicated situation (at least complicated to me)
Hi all,
My wife and I purchased a home 7 years ago (at the high point of our market). We still owe more on the home than it is worth. We are considering moving and I am trying to analyze each option. My 2 ...
Garrett Steinke
Good deal? Buying a condo for vacation rentals
I'm thinking of buying a Condo in a fairly popular tourist destination a couple blocks off the beach in Hawaii. Ide be Investing about 40k for down payment, closing and rehab. It could cash flow roughly $1350mo, thats...
Derrick Reyes
How do I analyze this pre-foreclosure in San Jose?
Hi Everyone, First of all I am pretty new to all this stuff but learning fast. I was doing an equity search around my neighborhood using propertyradar and found a property that had equity, was unlisted and was in ...
Ashton Fry
Pre-Foreclosure Deal Structure Advice
Pre-Foreclosure property. Seller is behind $24K and the Bank states buy out is $491K. Seller purchased home for 340K in 2005 so that buy out seems very high. Monthly payment is currently $1700. Property value is estim...
Michael Lee
Buying a short sale that is not listed.
A friend of mine owes more to the bank than what his property is worth. He is having problems keeping up with the bills and mortgage. From an investor standpoint, what can be done to help him out? I would like to buy ...
Jason Walkowicz
How do you determine the +/- adjustments of a comp
I've often wondered exactly how an appraiser comes up with the adjustment values that are used when comparing properties. For example how much credit or deduction is used for a 1/2 bath, more or less square footage, ...
Armando Payano
Buying a property (title) with 3 bank liens.
Hello BP,I am being offered a property for pennies on the dollar. I would be buying the LLC which owns the property. It’s a good enough deal that I am willing to put in the work to try to get a settlement. The liens a...
James Wheelock
Creative financing strategies
Is it possible to implement creative financing strategies (ex. lease options, subject to's, seller financing) when looking at a broker listed property. Or can these only be done when it is a FSBO?