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Hey BP-I wanted to give a brief review of my experience so far at the Matrix Real Estate Investor Network here in Phoenix, Arizona (MIN). I joined the MIN about a month and a half ago. There are several opportunities ...
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If I were to use a security backed LOC to purchase a $75K property. Let's say I can get the LOC at 5% interest rate. Include $5K for closing costs and minor repairs. Annual cash flow is $2,940. What would the CoC retu...
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Hi,
My name is Leo. I'm a newbie of wholesale and let me ask you a very general question.When I put an earnest money and then find an investor-buyer, will the earnest money I put be refund to me when the deal get cl...
We moved out early and turned in 1 set of keys, with plans to continue using/accessing our apartment with our remaining set of keys until our lease was up. Our landlord said there must have been a miscommunication bec...
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Without going into great detail, does anyone have any suggestions regarding pursuing legal action against someone who defrauded my son? Essentially, this guy posed as a legitimate lender (used his name, company name,...
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I paid off a mortgage in 05 (one year ago). About a month ago the mortgage company sent me a letter saying I owed them $1400 because they inadvertly applied someone elses payment to my account in 05. They said the p...
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Has anybody bought govt reo in fl, the law is a little confusing.
I think its something like the owner defaults with the taxes and you come in and pay for them and after 2yrs you own the house if they have not paid t...
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Fellow BP members,Looking to get some advice on what to do on a townhouse I am currently residing in and under contract with closing scheduled for Sept 2016. A separate lease agreement covers rental portion during the...
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We closed on a short sale (after nearly 5 months) and have the HUD and were getting ready for demo when we received a call from the seller's agent. She said that an attorney for the seller filed bankruptcy 2 days befo...
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Hey BP need to help here on the topic of the brrr specifically the refinance part. I've called all the local banks , credit unions in my area and some! And they all tell me if they are not shut down due to the Corona ...