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Hi guys, newbie here working on my first short sale. I just got a payoff figure form the lawyers, here is the break down:
Principal Balance: $ 325,243.93
Interest: $ 12,499.86
Late Charges: ...
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I live in rural Alaska, in a town of 5000+ people. Living in the bush tends to make one accept things not common in the rest of the country. This sticks in my throat though and I am not sure it is even legal. I w...
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I have solid clients in need of hard money loans. Solid, long term investors with great credit, but run into the issue of not being able to close foreclosure deals fast enough using banks. I have wealthy clients who...
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Hello BP! This is my first post, I have been reading and absorbing all of the great information on this forum. I am about to start a wholesaling company, with the intention to keep deals for my own portfolio in the...
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Every business faces a critical decision-making period when deciding whether to accept or go ahead with a business deal. This is where expert due diligence comes in, so as to avoid gambling away your business.
Expert...
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There is a property in "short sale" status that one of my investors is interested in...when I present the investor's offer to the property owner, they decline the offer...does anyone have any suggestions on how I coul...
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Hi all,Unfortunately, I am currently undergoing some legal battles with my HOA regarding the operation of short term rentals. I am considering offering a sunset clause meaning when I sell my house the right to operate...
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For those of you that invest in tax deeds. Which states require a quite title action to get clear title? Md is considering moving form a tax lien state to a tax deed state. I am not sure that is in the states best in...
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You often hear syndicators say: we're looking at a minimum 20% return or 15%IRR. Things like that. For the sake of curiosity, I'm wondering what factors influence those required returns. Stock market volatily? 10Y tre...
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My tenants of 3 years will be moving and I will be going through the application process again. I was thinking that I would begin to process the basics of the applications first : verifying employment, income and pre...