Mike Larry
How to postponed or cancelled a house being sold at the auction?
I know a homeowner whom would like to do a short sale with me but unfortunately she has an auction date set on May 17, 2019...is it possible to cancel/postpone the auction date? Despite her filing bankruptcy 3x alread...
JoAnna M.
bids on short sale
Hi. There were mulitple bids on the house we want (its a short sale) so the realtor asked for highest and best bids. We won. Bank accepted and paperwork went to lawyer. Realtor told others the highest bid and then on...
N/A N/A
The property their gone before the auction.
I thought a lot of the properties I was looking over were way to cheap when doing my cost averagies compared to property equity left over after all cost. Well these properties didn't even come to auction. Mostly wha...
Randal McLeaird
Moving away from SS Flips - where to next?
I've noticed a decrease in the number of people doing ss flips in my town. I spoke with another company out of Austin who negotiates a ton of short sales and they said the same thing. More and more are moving to simpl...
Manuel Sarabia
As a Junior lien holder, can I pay the 1st mortgage at a lower am
As a junior lien holder, can I negotiate with the bank on senior lien to pay it off at a lower amount? Is this a possible strategy?
Maryann L.
Short sales to go smoother? Government announcement
New government guidelines below. I'm curious what happens to those homeowners that are investors or own multis??? Now they are out?
Government Announces Short Sales Guidelines
The U.S. Treasury Department announced ...
Pavel K.
BRRRR: Do you use refinance into an LLC or Conventional?
Hi all -- I am looking for some feedback on Conventional financing vs Commercial financing.If you purchase a property in cash, renovate + do a cash out refinance -- do you typically do the refinance into an LLC/commer...
Jeremy Hale
What's the lowest you've ever offered, and had accepted, from a listed price?
I'm merely curious how far below asking price people have managed to snag properties for? I often see properties that I think have great potential and could stand to take an offer significantly below what they're aski...
Nickolas Graham
Subject to questions
Hey BP Community,
I am looking to get some advice on how a subject to deal works. Let's say I have a person who is willing for me to take over their payments and sign the deed over to me. What is the best way for me ...
Mitchell P.
I want to sell 50% of a duplex I own to my Dad. Is this possible?
I own a duplex that has significantly increased in value over the last two years. I would like to extract some of that increased value so that I can purchase another property. I'm looking at selling half of the owners...