Interesting article in the New York Times about "Real Estate Shell Companies Scheme to Defraud Owners Out of Their Homes". The story details Shell Companies that target desperate, poor sellers in neighborhoods in Broo...

Hey All,I need some guidance here. My family and I have outgrown our condo and would like to buy a single family home ASAP. I bought my condo in 2005 for $138k then I foolishly renovated the entire place myself for ...

I am trying to purchase my first real estate property with my significant other. I am graduating in May and I will become a financial advisor after passing my certifications. I currently do not have a credit score bec...

I was interested in a property that I saw on auction.com. I went and viewed it and thought it might be worth a go. The opening bid was $17, 500. By my estimate it would need at least 20K+.  The auction began Friday an...

Hey all,

I’m super excited to start on this journey. I’ve spent the last couple of months soaking in as much as I can from the forums and the podcasts. I just graduated from fellowship and will start working as a vas...

Hold and rent out or sell?I was offered 300K more than my house is worth (a 2 fam).  Currently, my mortgage is 2000 a month and my rental income is 4600, which leaves me with 2600 a month income after mortgage.  My ca...

I am fairly new to the Real Estate Investing business. I say this because about 10 years ago I purchased a single family property with a 80,80,70 finance deal (not sure that even makes sense anymore) and the rest was ...

The bank just accepted my offer for a REO property. I just met with my realtor to sign paperwork and provide cashiers check for EM. The issue is that property is winterized and I was told that the selling agent has to...

Hello,

We paid 485k for our home in 2010. After a recent refinance it was appraised at 550k. We owe 377k @ 3.25% fixed. Our PITI is 2100/mo. PI is 1700/mo.

A home identical to ours a block away is listed on the ...

Hey guys!My wife and I are fairly certain that we're going to be moving forward with our first deal shortly. If everything checks out, we will be buying a house from a relative who wants to retire. We're completely ne...