Jorge Fernandes
Newbie from Long Island, NY
Hey guys,
Just starting dipping my toe into the real estate investment world. I'm currently at ground zero, learning and networking as much as I can before I make my first move. I work full time and have started a sm...
Russ Marlborough
$13,000 down the drain? Locked into a deal that didn’t appraise..
I am suppose to close this week on a duplex that didn’t appraise. The Purchase price is 150k and it appraised at 120k. I am locked in due to various circumstances and will loose my 13k deposit plus miscellaneous inspe...
Joe Bordelon
Pre approved short sale
What is the difference between a pre-approved short sale and one thats not approved. How do you go about working the two.
i am new to short sales. I am seeing a good number of pre-approved short sales here in the Hou...
Jack Fick
Short Sale Approval & Quick Claim Deed
To make a very long story extremely short: I assisted a friend with the purchase of her first home a few years ago and of course now, am being burned, after circumstances led her / her family to multiple late payments...
Jason Sung
Planning my first 1031 exchange
Hi BP community, I have a SFH that I lived as primary last year for one year. Recently, I moved out of the house and rented as MTR. It is my first MTR and the return on equity is not good (due to high property tax, in...
Amit Verma
Need recommendations on sheriff tax lien property
Hi there, I'm a newbie to sheriff lien property's. Correctly i purchased a commercial lot and if I'm not mistaken its have 6 months redemption period, after that we can foreclose the property.
Looking for investors...
Chris Dengel
Is it risky to be added as an authorized user on a delinquent act
I'm trying to acquire a property after I saw the owners moving, and they said they're letting the bank have it back. I call the bank's loss mitigation department and they said to get any info or begin the negotiatio...
Aaron Ferguson
Paying off sellers mortgage then Owner financing?
Lets say the seller has a 500k property and owes 250k. Can I finance the 250k he owes with a bank and he carry 50 percent and I pay the remaining 250k over say a 5-year balloon amortized for 20?
Clark Spruill
Buying a foreclosure quadplex
Hi everyone, I'm fairly new to this and I have a question (and probably many follow ups.) I've found this quadplex that has a notice of sale posted for it and it's going to auction next month...but it looks like the o...
Nick J.
WTF BofA
So I just got an email from someone that forwarded me a response directly from BofA regarding short sales:
[b]In order to process short sell, we required licensed real estate agent – for sale by owner is unacceptab...