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Ok, so I found a whole sale deal, presented the deal to the lender and got a verbal/email approval. This was first week of Feb. Said their closing took 5-7 days. Made the offer on the house and went under contract wit...
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Hi,I'm deep in review on a SFH in NJ, we already determined the SOW, all fits the formula. Our contractor noted a crack along the main beam of the house (in basement) I ordered a structural engineer today who determi...
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2 properties for sale in the same neighborhood. 1 is 45,000 the other is 49,000. Tax assessment of both is 10,000 lower that the asking price. The offer made is: He, (the owner) will sell both for &5,000 cash and...
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Hello there everyone. As the title says, I need a cashflow loan. Im new to this loan product and would love to chat with anyone who uses this already// Can make suggestions. I found a property that's : 5 1 bedroom un...
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Good Afternoon BP,I talked about my potential first real estate deal a few months ago and how we were close to closing on the deal. Unfortunately there where major foundation and water problems going on with the prop...
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Look at my first deal.Is this a Short Sale?The homeowner holds a 155K first and 15K second mortgage. He is not in default. I've offered him 100K for the home. He does not have 70K to pay off the remaining balances on...
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Hello allI have a scenario i need advice on. I found an abandoned property while driving for dollars. I was able to get in touch with the owner and they are willing to sign it over for $1000. The catch is that there...
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When you find that the bank owns the property but it's not listed for sale, the neighbors complain that the property is not secure, someone is going in at night , it looks like a forest in the back of the house so no...
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I spent some time going thru the financials. I wish I had not.
Citigroup
http://www.quote.com/us/stocks/financials.acti...
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There has been lots of talk in the media and on the forums about the causes of SVB and the other bank failures...and whether or not the government and taxpayers should bail them out. A lot of the discussion is just n...