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Hello all,My current strategy has been cash only on my deals but I have began exploring the possibility of leveraging. I recently sat down with a commercial loan officer from a relatively small bank. He seemed eager t...
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As an investor are Forclosed and Bank owned homes a likely place to get good deals?
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I've been doing some research. Suppose Greece, Ireland or Portugal goes under and no bailout by Euros.
1. Will this take down France and/or Germany banks?( we only have about 30B in Greece aide,in banks.(I believe)
2....
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Need some advice from you guys who have been there and done that. There is a property that has been vacant for the last 6 months. I was able to track the owner down and yesterday met with them for about 45 minute...
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Any recommendation on a local OH bank (I'm an out of state investor) to open a checking account with? My first property will be in Cleveland. Any specific reason why you are choosing that specific bank?Ultimately I'...
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Hi there Bigger Pockets,We are new to BP, but have been investing in Tax Certificates & Deeds for a few years now. Looking at properties to expand our business into the rental market etc. We reside in Australia ...
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Hello BP community! With everything that I have learned in the past week or so from the BP community I feel confident in making my first offer on a property. It's a SFH that is bank owned and currently listed at $90k...
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As I move toward acquiring my third property, I realize that I really need to start separating my finances. I plan on opening a separate account for my two rental properties. Do any of you have advice about what banks...
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My banker gave me a call and said the bank had repossessed 100 homes from a group who was buying them for cash for under market value, refinancing with the bank at market value, and using the equity to buy more. Event...
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Here's a fun story...it's long, but I think you'll get a good chuckle:
We have a short sale under contract, and there are two mortgages on the property, both held by Chase Bank. To get the short sale approved, there...