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For those that are renovating houses either to sell or hold on to, how many contractors do you have in your database for the same job? Such as, how many electricians do you contact to get a bid for a job or do you hav...
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Hello. I have begun to encounter REOs being sold subject to the following: 24 CFR 206.125. I know this clause relates to reverse mortgage and due-on-sale issues.
However, with these same issues, the selling agent w...
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I would very much appreciate any help or advice I can get. I am in a strange situation and I wonder if this is normal or if it is a scam. A month ago I bid in a foreclosed house owned by the VA and listed by Trilliona...
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Hello, I am a newer investor and interested in acquiring foreclosed properties, as I hear the banks typically like to sell them as fast as possible, not putting emphasis on maximizing sale price. Does anybody know how...
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Hey all,Some history about us, my partner and I flipped a house that we bought as a HUD foreclosure. We profitted nearly 60k on this property and we are now sitting on roughly 110k in cash. Our goals were initially ...
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I am considering my first flip. Any words of wisdom on buying a house off the courthouse steps? Theres a foreclosure in an area that appreciates really well. I would probably need a hard money loan, not sure what carr...
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HI BP -I'm wondering if there are any local REI professionals that purchase from live auctions, Auction.com, or any other sites? I'd love to learn a little more about how it works in real time.Thanks!
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I submitted an investor offer in on a homepath property in MD via the online submitted offer through my broker. My offer was $75k with 7.5K seller concession and 7.5K EMD and it was rejected. Asking price is $104k and...
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I am researching investing in tax liens in SC. I have a few questions that may be stupid, but some basic things I have a hard time with.Most counties I've looked at have live auctions and require a cashiers check. How...
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So in the first example, it is certificate number 2626. And I bought the liens on 9/9/2017. My intention was to hold the liens until redemption, collecting the 18% interest.
Not long after, I became excited by th...