Christopher Vaughn
Sending Unsolicited Offers to Get Properties Under Contract
Hello fellow BP Members,I'm a wholesaler in the Seattle area and focus primarily on homes that are in foreclosure. I'm curious if anyone uses the tactic of sending direct mail that is in the form of unsolicited offers...
Emory Crawford
Non Performing Note Investing
Does anybody know why fix and flip investors don't just purchase the non performing notes on properties and flip them from before the auction? Don't know if I'm making sense, but I figured I'd ask...
Chris Guthrie
Did I upgrade my first house too much to rent it out?
I bought a 1400 sq ft 3 br 2 bath HUD home in late 2012 for ~$130k after closing costs in Puyallup WA on a 15 year fixed mortgage at 2.875% interest. (Why 15 year? Wife listens to Dave Ramsey and the difference was on...
Scott Loud
Where to park your money between loans
Hello, I just got started with PML with one of my retirement accounts. I was wondering where folks who partake in this business hold their capital when it isn't loaned out? I would assume a high yield savings might ...
Jay Hinrichs
Wenatchee getting the recognition it deserves best kept in US
Wenatchee best kept secret in the US.. Money magazine has it as top 25 places to retire.. Recreation paradise.apples have been replaced by vineyards and wineries.. Lake Chelan one of the 10 wonders of America.Leaven...
Ronald Perich
401k vs REI - Data tells the story?
The debate on the efficacy of REI investing over a 401(k) has raged for a long time on BiggerPockets. Thanks to a message from @Christopher Throop, I revisited the topic when he let me know a file I used during an ear...
David Begley
A JV Rehab with another BiggerPockets Member - A Success Story!
A BP friendship with @Tom Yung this past summer led to a JV to rehab an Atlanta property Mr. Yung had picked up in a Dekalb County tax foreclosure. The house is located in east Atlanta in the Edgewood neighborhood an...
Douglas Larson
Can a delinquent owner buy their own home at a courthouse auction?
In other words, will the trustee allow or can they forbid the delinquent owner from paying cash for their own property at the courthouse steps?
Mitch Kronowit
HML actions in case of default
Originally posted by Jon Holdman:I'm taking back a house this week because the borrower hasn't been able to sell it.
Jon, sorry for the thread drift, but I've been wondering, when the lender (you, in this case) fore...
Peter Lee
Best way to purchase single family houses before they hit MLS?
My company is trying to purchase REO's individually before they hit the market. In my area, the houses on the lower end of the price range, i.e. sub 300k are being bid on fairly aggressively.
We are all cash buyers ...