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I just went to the courthouse to check on this property, and it had already went to sale late last year. They gave me the what I assume is the outcome of that sale. I have a few questions before I go any further, and ...
I looked at a house today that is coming up for sheriff sale. The neighbors came out and started talking to me about the house. They had been told by someone hired by the bank to mow the lawn to tell the buyer he i...
Hello BP, i'm doing Wrap Around Mortgage and a possible bad situation idea occurred to me. Let said the property is heavily damaged from a natural disaster and the buyer default because he can no longer live in the pr...
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In general, what percentage of the full debt are subordinate mortgage holders willing to settle for following a foreclosure sale initiated by the primary mortgage holder?
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I have done a lot of multifamily deals with conventional mortgages. Speaking with a few commercial brokers they recommend offering sellers land contract to win deals. I am pretty new to land contract. My question is c...
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Investment Info:
Large multi-family (5+ units) commercial investment investment.
Purchase price: $11,250,000
134 unit, Class C property in Arlington TX. We are in the process of closing. The goal is to r...
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Hello all!Just started really looking around here. Back on the horse again after loosing big in 08-09. I had a couple of rentals but was primarily a builder and land developer. I have licked my wounds and have sta...
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I've bought quite a few foreclosure sales in TX and understand that state well. Here is what I saw most recently.
The trustee will give his spiel and then say "my bid is $1.00". If anyone bids more he will then sa...
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Hi,I’m looking for a way to find an amazing deal on a home. I live in the Bay and we all know the prices out here are insane!I ran across a couple of foreclosure sites and have recently learned about REO property. How...
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HelloI bought a property in south Atlanta. I am looking for a contractor with section 8 inspection experience.The work include fix a leak in the roof, damaged ceiling, painting, finish flooring and install appliances....