Scott T Brady
Possible to buy a non performing 2nd to stop 1st foreclosure?
I'm working with a seller to stop his foreclosure; the 1st (Wells Fargo) has been in default for over two years, foreclosure is scheduled April 1st, they are still interested in being reinstated. A 2nd (US Bank) is a...
Alex Madison
What are your thoughts on the future of short sales?
I was talking to a couple of agents who specialize in short sales and they both seem to be under the impression that in 3-4 months the banks are going to drastically limit the number of short sales they allow.
They'r...
Samantha M.
Salaried or Hourly Rate Jobs If you have a License?
I just obtained my real estate license and would like to put it to use in some capacity.
Are there positions that require a license that are salaried or hourly rate in the real estate industry. Position would have ...
Roy Vereen
Neophyte from Columbia, Md.
My name is Roy and my wife and I have just begun real estate investing. We decided to begin investing when we rented out our first home and purchased a new home. The decision to rent out the first home was by circum...
Wilmer Pena
Thinking about wholesale in San Diego County
I've gone to Craigslist but I get skeptical when I see those adds that look like they are trying to sell you something. I also watch a couple of videos but I would like to see if there are local networks or meetings t...
Andrej Petrovski
Bankruptcy effects in Note
I've seen a few notes now that are for sale and indicate the borrower is either filing chapter 13 or 7.
I'm assuming that a chapter 13 is similar to the lender just modifying the loan ? Meaning making it more finan...
Ed J Petrus
Investment Gone Bad - Need Exit Strategy
I'll try to keep a long story short here but I need some opinion on how to exit investment gone south:A family member (A) purchased a property for another family member (B). The intention I believe was to fix, move i...
David Jensen
When to begin ROI Calculations from Primary Residence to Rental
Hello BP!I’m in the process of determining the best course of action on my rental property, but to make the most informed decision I need to know how/when to calculate my ROI, Cash on Cash Return, etc. I am utilizing...
Autumn Allen
Other Creative Solutions to Stop a Pre-Foreclosure
Hey BP family! Burning question for experts, especially in Washington state (Auburn, Kent, Renton, Seattle, Bellevue, Kirkland, Tacoma) investors. I wanted to poll the experts on this one. I help a lot of folks out of...
Samantha Baker
Transactional Money Lender
Hey everyone! I'm seeking a Transactional Money Lender to cover down payment, closing costs and renovations for a property I'd like to purchase. Amount would be $85,000. Here are some details:Purchase price: $280,000*...