Bruce L.
2013 - Discounts on Short Sales Anymore?
It is true that most buyers now a days post year 2013 are not able to get the banks to approve short sales at a discount anymore.
I heard now, the bank is countering back pretty much at market value, is that the case...
Michael De La Nuez
Foreclosure connection
I know someone that works for a lawyer that represents banks when properties go into foreclosure. Now I am new in to the real estate world so please bear with me. This particular person works in a department where h...
Ramsey Blankenship
Buying bundles of homes from the bank
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...
David Robertson
Cash Offer on Abandoned Property
I have been looking at some properties in a blue collar neighborhood to flip. The houses in the neighborhood are selling from around $20,000 (greatly distressed) to $85,000 (well maintained)....
I recently came acro...
Rick Reed
Distressed houses?
Generally speaking, what is a "distressed" house? Whenever I hear this term I think of something that sells for around $30k and needs about as much in repairs (if not more) just to be rent ready.
What major r...
Bill Ham
5 Tips to Getting Your Next Deal Funded Creatively!
Funding in the real estate business can be one of the biggest barriers to entry and one of the biggest headaches!Here are some tips to help get your next deal funded.
1.Remember that the only thing ...
E. Jacobs
What to Ask a Realtor
One of my close family friends is the principal broker at a local realty firm. He has about 80-100 agents working under him I believe and I was wondering what are some questions that I could ask him that might be able...
Bill McGrath
Effective Letter For Short Sale Owner
I've recently connected with a friend who is a mortgage broker, real estate broker, and does BPOs as filler work. We are working out details of him notifying me when he runs across a property that he thinks might ...
Joseph Ilg
Wholesale Properties
I have learned to focus on vacant, run down/distressed homes when wholesaling properties. Does this include REO properties/foreclosures as well? And if you can wholesale these properties, is the process the same as ...
Tim G.
Washington Issues plea to the public for ideas on how to get rid of houses
http://www.msnbc.msn.com/id/44375023/ns/business-us_business/
So BP members, what are your thoughts??? :mrgreen: