Donna J
Is it possible WAMU will lower my principal?
We have an investment property that we bought in 2004. We had an adjustable rate mortgage, so we refinanced in 2006 to a fixed rate, because we were to afraid of what the rate would be if we waited longer. We have a f...
Douglas B.
Any tips for low income/section 8 rentals?
I'm ready to buy my first duplex. In our market I can buy a habitable duplex in a low income urban market for 30k. Rents are aprox $500/unit but will likely be low income urban or section 8 tenants. The ROI opportu...
Terry Dunlap
Does this sounds sketchy to you?
I recently bought a SFR from this company that also is managing the property for me. They know I'm an out-of-state investor. However, I grew up in the area and we know many of the same people.I asked for his help in l...
Sean McCluskey
Cracks in Brick Veneer - Replace Siding on Whole House??
Hi BP, I need your help on scoping this out while I am under contract.The house appears to be in great shape other than the brick veneer siding dropping off, which appears to have started at the back corner of the hou...
Nathan Williams
Buyer's Agent Performed Hydrostatic Plumbing Test w/out Consent
Hi All - I am under contract on a house. The buyer's agent, within the option period, had a plumber come out to the house to perform (what I think) is a hydrostatic plumbing test without my consent. What they did was ...
Ashley Robertson
Short Sale Flipping "Illegal"??
I met with a realtor today who said she has years and years of experience in short sales and explained to her when I had been in investing years ago, I basically was flipping houses for quick cash. I would get a home ...
John Miller
HUD has Kept My $5,000 EMD
In March of 2012 I attempted to buy a HUD foreclosure house. The house was misrepresented as a 2 bath home and had extensive damage not shown on HUD’s inspection or appraisal. After I had my inspection completed I can...
Nicho Pruett
Inherited home with defaulted mortgage that was never foreclosed
HELP - What should I expect when negotiating? Background: I inherited my childhood home only to find out that my mother refinanced it 15 yrs ago for $70K. She made payments (about $25k) up until about 7/8 years ag...
Shabyna Stillman
Crowdfunding Question
Hi, does anyone know anything about a crowdfunding group called Groundfloor? A friend of mine asked me about them and she wants to invest with them. I don't know anything about them. Any insight would be greatly appre...
Sam M.
Need ammo for seller finance deal
I found a property owned free and clear by someone that now lives in an assisted living home.
I would like to talk to her about seller financing and need to know the pros of a deal like this for the seller.
I am wo...