Atul Mohlajee
How to calculate leverage of an existing portfolio of properties?
How do you calculate leverage on existing portfolio as I have 11 rental properties? Is it cureent debt/total buying price of all properties or is it current debt/current total value of all properties?Thanks.
Jordan Stavrev
XOME.com Vs The MLS
Hi guys,I was going to bid on a house in my area on Xome.com and the auction said that there was 1 day left, however when I looked on the MLS(I'm licensed), it was a Pending Sale. Anyone know why there is such a discr...
Gina Gee
Florida Investment Deals - growing housing market
Florida is still a bargain for investors. I am a real estate agent in Naples - Cape Coral area and I'd be happy to assist investors in SW Florida RE market.Closed sales of existing single-family homes statewide totale...
Manesh Hardeo
Mortgage company sent funds back and foreclosed
Hello all,I have a crazy situation and wanted to see if anyone else has dealt with this. We bought a house and closing docs were signed off on the Friday prior to Labor Day. The deal funded by noon on the Tuesday si...
Ryan Steiner
Looking for wholesalers with accurate pricing
Im in the tampa bay area looking for wholesalers who are crunching the numbers accurately. Im seeing way too many take the highest sold and assume thats the new ARV, on top of thinking the repairs are always way cheap...
Natalie Martinez
Help: HUD Bidding process! (Owner Occupant)
Property is listed for 244k. However, a lot of people are interest in this property. I will really like some help on what may be a good bid offer!!! I was thinking 250k due to people showing a lot of interest and also...
Corry Taie
Wachovia Acceptance Letter... Any Ideas???
Ok.. So I get an acceptance letter from Wachovia on Friday on a property that I'm shorting. In this acceptance letter it says...
*Wachovias acceptance of short sale proceeds is contingent upon there being no other pen...
Ben Frink
Figuring out ARV without realtor?
Hows it going folks?
So the title says the question. im aware of the process to get the ARV but am I able to get the figures of homes sold in my zipcode without the assistance of a realtor?
Laura Hamilton
Does something sound fishy with property sale?
My husband and I found a nice condo that was a short sale. The HOA is also currently under a lawsuit, but as we were getting a decent discount and as the buy and hold as a rental numbers made sense, we decided to go w...
Tracey Steele
Chicago: Comps and Micro Markets
Hi BP Community - What are your thoughts on comps and micro markets? I'm looking at a property that does not have any real comps that have sold in the last six months. If I use an entire neighborhood, then I get one p...