Martin Saenz
Note Investing - to JV or take on debt?
Curious if the note group leans more towards taking on debt or JV’ing when purchasing? I know the note industry is a long term game so it may deter the use of debt for some. Any thoughts?
Mark Lenox
How often do banks negotiate during contingency?
Hi, all.Comments from any experienced investors out there would be greatly appreciated. Here's my situation:My offer of $168,500 on a foreclosure was accepted last week. The Seller is the bank, not Fannie, Freddie o...
Rich Weese
Do you have your cash ready? Here comes second opportunity
From the AP Wire this morning. It follows up on other thread below about worst 5 states.
The default notices AND auction notices increased as follows.
1. These were up in May 12% over April #'s.
2. Also up16% over M...
Justin Dominguez
Have: $600k equity; Want: 9 duplexes. Financing options??
Hello!DFW investor here with an off-market opportunity to purchase a portfolio of 9 duplexes from the estate of an investor who passed away. They are all in good condition and are in a well-established neighborhood wi...
Jome K.
Rental home insurance in California
Hi guys. I have properties in Los Angeles County insured with State Farm. I am interested in buying another single-family home in Los Angeles to rent out. But State Farm no longer accepts new insurance in California. ...
Ryan Kurth
What can REO holders do better or offer buyers?
Sounds like a simple enough question, but with many complications. I'd like to hear your ideas on what banks, the GSEs and FHA could be doing better in order to unload their REO inventories (faster and while taking r...
Michele Alvelo
Do I sell or do I find a way to finish the job?
I made my first big purchase, all CASH, last year and it has been a huge nightmare every since. From shady contractors gutting more than needed to unforseen cost. (Basement leaking after wall installation). The plan w...
Andrew Bourgeois
Neighbors contractor took down my tree.
Hoping for a little guidance from anyone familiar with the NC Statues on trees and lumber. Quick scenario is I have a property in Guilford County and the tenant called to tell me the neighbors were having a tree remov...
Mark Kenneth
Good News Bad News. Help!!!
The Good news is my short is being approved. The bad News is my short sale is being approved.I Havent gotten short sale approval letter yet but have been promised for a month w/o the letter. Every time , they keep com...
Kyle Seidel
How I thought DTI was calculated is wrong?
Income: -$3,000 ($2,400 after taxes) salary-$500 ($400ish after taxes) dividends/commissions-$1,575 in rental income for my owner-occupied duplexDebts:-$950 mortgage for my duplex-$50ish for min. c.c paymentHow I thou...