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Right now I have a pending assignment agreement. It feels great. The buyer called me on thursday with questions and I was honest with him about the property needing a full rehab. When he stopped by the property he cal...
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I am having trouble with Chase on a second mortgage. After numerous conversations they continue to say they will settle for nothing less than the full amount $50,000. They are saying my bid for the house is to low at ...
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Dear BP Community,
It all looked so good on paper, and then when the project started things did not go according to plan...
I'm dealing with a painful first flip that I still haven't sold yet but purchased in Octob...
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Has anyone ever seen such a clause in a contract(approval letter with terms) for a hardship based Short Pay, or even for a Short Sale?)"Dear Customer(s):Select Portfolio Servicing, Inc. (SPS), the mortgage servicer on...
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I recently wrote a blog post about the start of our real estate investing. Recalling how scared I was when we began made me wonder about stories of courage. I think we were most courageous when we started. Knowing the...
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Hi everyone. We have a lease with option to buy offer on a house in Florida from Bridgehouse America in Phoenix, Arizona. They are interested in doing a sandwich lease option or assigning the option back to us. Acc...
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here is an example of how to use hard money to buy and rehab your foreclosure purchases, all the way thru refinancing them to a conventional 30 year loan. Yes, I agree that you can get properties for far less money...
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“Conservative underwriting is dead.”
Rob Beardsley brings up a great point. It’s extremely difficult to be an active real estate investor in this market if you are using extremely conservative underwriting technique...
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Got an offer accepted on a property, home inspection showed some pretty big concerns, but my realtor says I can’t negotiate further since the seller is selling AS IS? Is this right? If so any other thoughts/options ve...
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Hello everyone. New to this site. I have some questions. I want to wholesale deals and assign them to a buyer, using either an Assignment Agreement or an Option to Purchase agreement. I want to use a realtor to find...