My realtor told me that in rder to buy a reo property the bank wants 1oK in earnest money. The arv is $400k, and i will be offering 15ok. I told him the most I would offer is 2k. He said that the banks ask for 10k be...
Hi Folks, I live in Tucson and have 2 rental properties I own and manage. A friend of mine owns 5 rentals in town and he lives in Payson--about a 3 hour drive so I look over his properties.
Originally the plan was tha...
There is a short sale on the MLS in my market that is very, very close to where I live. If I were to someone acquire this property I would rehab and it a sell it. I have a few questions -
* Is the listing a...
Hey there everyone,
I took a hard hit during the housing downturn and now I'm finally ready to begin investing again. After listening to many people online talk about lease option assignments and sandwich lea...
Is there a difference between the two?
If the loan terms were the same, would you be more likely to work with a private lender or a hard money lender?
Hard money lenders use private money, so to my mind they are the...
I am new in real estate and about to buy my first house. The house’s listing price is 800k. I found this house in Redfin and saw it by myself in it’s open house alone. My buying agent was involved only after I decided...
I am trying to gain some knowledge and experience of investing in the military and what challenges it can pose. I would like to hear the challenges, successes, and learning that occurred. Reason is to learn from other...
I find myself in a real estate purchase conundrum. BLUF: seller is trying to cancel our contract to buy and threatening litigation.
A bit of background, wife and I put an offer on this house. The process was going a...
Does anyone have any recommendations for a good syndicate with a track record in multi family. I already have some investments with Ashcroft. Was wondering if there were any other firms I should look at.Thanks,Marc
I just had a not to plesant experience with a short sale deal I had on under contract in november, so I found the deal on the mls, I put in an offer for 115k a few days later the agent calls me to say that there are m...