I need help with this deal.
ARV 219,000
(.65*219,000)-10,000[repairs]-21,900[holding]-10,000[wholesale fee] = $100,450 MAO

Now the seller currently owes $157,000 on the property. Would it be an insult for me to offe...

Hello everyone I have a few questions for the people who use sub2 financing. When you locate a prospective property do you want to make sure that your locking up the property 70% LTV?

Also has anyone locked a house ...

Ok a rehab project popped up in my area. Price on it is $50k.

http://www.bismarckmandanhomes.com/mls_detail?mls_number=307999

Thing that worries me about it, is that it is already freshly sheetrocked. Why would any...

I am going to ask the seller to sign the option - my intention is to find the end-buyer, (do not want to put under contract as I am not interested in it myself and not sure if I can find an end-buyer fast enough).
Sin...

If you don't want to tie up someones propety, and an option agreement is not an option.

Can you have the seller sign a purchase agreement, and write in the agreement that the contract begins on date of latest signat...

Hey everyone. I want to know exactly what I am looking at. I have been looking at Realtytrac. After getting to the county that I want to look in, I go to the "bank owned" section. There are many great looking deal...

I found an REO that fits my budget and I am wanting it to be my first home. The property is owned by my local credit union with whom I have all of my accounts with, my truck note, checking and savings account as well ...

I got a question from a seller asking "Who pays to the lender during the short sales process?" In other words, does the seller still have to pay the monthly mortgage during the short sale negotiation period?

I am forming an LLC in TX. I am filing myself, w/o using a srv. or atty. I want to use a mailbox srv. for my 'business address'; but cannot use it for the registered agent section on the paperwork. Should I use it ...

I have rented a couple of units to tenants that were brought to me by a non profit agency. Within the first month, one tenant gave us some trouble on her rent and we initiated the eviction process. We contacted the no...