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In his book " How to Be a Quick Turn Real Estate Entrepreneur in Any Economy" Real Estate guru Ron Legrand claims that your MAO(Most Allowable Offer)shouldn't go above 70% of the ARV(After Repair Value)of a property. ...
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Ok here is the rundown. I am a builder and I have one unsold property from the market tanking. I have a construction loan from 2007 that every 6 months the bank willingly renews at 6% interest. I have not been late or...
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I am being contacted by people that are telling me they can help me with my upside down loan they are saying they deal with the bank and buy the loan for a very low price and then they sell it back to me at the curren...
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Hey all-
My husband and I are currently trying to buy our first home in Southern California. We found a short sale and put in an offer at asking price. The sellers accepted our offer. I'm assuming the offer is now on ...
Hey everyone! Just joined BiggerPockets and I love all the articles and forums on here! I'm in Carlsbad and I haven't been in the real estate market since before the recession. I built my first house when I was 18,...
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I have decided move to the area Id like to fix and flip. I found a short sale that will accomodate my family. Ive never completed a short sale purchase. Can someone help me with this? I have a dp the house has been r...
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Any thoughts on if this is a "too good to be true" lending option, or if it's even a good deal? In particular, "The interest rate on the loan, which is 30-year fixed, will be between 6 and 8 percent, about twice th...
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Hey guys,I'm not sure how many of you have taken the time or energy to read Trump's proposed tax plan. But, we should all pause and read it with careful consideration. @Brandon Hall has already done a great summary o...
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What are the restrictions of selling a short-sale back to the seller?
Can I sell it back to them in 2 years?
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Hello all,
I am looking to purchase a home in a college town and rent individual bedrooms to college students. I think that I can be profitable in doing this because I will be able to beat out all of the apa...