Background:

One of the agents in my office just got a nice short sale listing. I plan to make an offer of 600k and market value is around 740k. I will get funding and the deal to close 31 days after I close the A-B...

I've made a 3 offers on Short Sale SFs to turn into buy and holds. They have all been nearly turn key - minor paint/flooring updates but nothing more than that. I'm looking for cash flow and cash on cash return so my ...

The title company I like to use has a department with short sale negotiators. Basically, if I make an offer on a short sale, and can convice the seller to use the negotiator services, the negotiators will try to get t...

Hello all,

Looking to try my hand a short sale I found on the MLS, the thing is it has been on the market sine June 2009 listed at $325K and now down to $230K. I know from the disclourse that there probably is termit...

I currently have the capacity to do one or two deals at a time. For various reasons, I won't be ready to expand that for about a year. I'd like to offer on short sales, but I'm wondering about my obligations.

1. If ...

My current situation is homeowner and I manage one rental. I want to buy another house. Most likely I will rent the house I'm currently in. The price of the house I'm looking at is about 200k. I've saved several thous...

Hello to all that contribute and make this a great forum.  I've been reading up for a few weeks now.  I'm new to real estate investing and just purchased my first 2 properties at the Wayne County foreclosure auction a...

I would like to hear some opinions from those who have been doing short sales for at least the last 2 years consistently. First question is:
Do you think its getting harder to get approvals? Obviously, a short sale wi...

Hi,
I have a back up offer on a short sale property I'm interested in. The offer is for full asking price with no unusual contingencies, inspection, appraisal and financing. My agent forwarded on the signed contract t...

Hey BP,I just sent out some letters to pre-foreclosures and I have a feeling I will be dealing with a lot of these sellers.Seller calls, wants to sell his house before its foreclosed on.  Wants to save his credit.  Ho...