Amanda Young stumbled into real estate. After being let go from a job, dealing with a family emergency, and homeschooling her son, Amanda knew that she had to find a way to provide for her family, but also allow her t...
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Default balance vs list price
I am looking at an REO property listed w/ an agent for 388,000. I found that the home had a 83,000 balance on the original mortgage. I'd like to make an offer but I'm not sure what offer to make. Do you think it at al...
Joe Edwards-Hoff
US Bank REO for me and my family
Hey all,
I've been reading and listening to books for so long on real estate investing and now that a possible house is here I feel like I've forgotten everything that I have learned...
My dad sent me to a link for ...
Jack Srimani
Serious concern buying a REO
Hi,
I just got approved of a bank loan from a small bank. (Thanks for folks who advised small bank for small loan). Now tomorrow my realtor and I are going to go through the offer contract. After signature the realtor...
Yates Snyder
So I found a Property. Advice for a first-timer.
Hey everyone, So I came across a house that is for sale made in the 1940's. It appears that the owner is actually a REI but is retiring (or so his neighbor told me over the phone) so he is getting rid of his properti...
Matthew MacDonald
Seller Will Not Negotiate
Good morning from sunny San Diego, Over the weekend I made an offer on an SFR that is currently on the market. The Seller's agent let me know that the Seller rejected my offer, and is not interested in negotiating th...
Want to know how to flip a house in 2024? We brought on a rookie with a real-life deal to walk through every beginner step of flipping houses so you can go out and make money, too! We know Rene Hosman as our community...
Kati Finneran
Making an offer during COVID-19. Good idea or wait it out?
Hi everyone, this is my first post here and brand new investor. We have been looking for about a year for a 2 or 3 family in our strong market in Mass. We have finally found a great 2 family option but now in the mids...
Devin Woods
Structuring Seller Financing
Hello All,I have a generic question regarding seller financing and how to actually put the deal together. I have a property I am looking at and I believe the seller may be open to this, and I feel we would both benef...
Marci Stein
Q. about short sale situation
R.e. agent is saying that M&T bank is asking me to sign a contract with seller BEFORE letting me know if they accept my offer...does this sound right? I've already given a binder, now they want 10% of P.P. with si...