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"Subject To" Real Estate Investing is as Slimy as it gets. There are ZERO situations where it makes any sense for a seller to sell their property in a "Subject To" deal. The only times these deals happen is when some ...
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I was about 5 days from closing on my first place (an up/down duplex + cottage)...when the lenders (a typical residential / investment lender) said he would not fund the transaction...because the appraisal came back s...
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Earlier this week I attended a Sheriff Sale. There were three properties up for sale, one of which was cancelled. I was the only bidder present in the room when the auction started (the Plaintiff's attorney was also ...
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Hello all. New here, but I've been a full time investor for a few years now. Anyway, I'll get to the point. I bought a small REO apartment complex three months ago for $100,000. It was totally trashed. Vandalized...
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In July 2011, I sold a SFR in a small town in NC. The selling price was $87,900 and the buyers had a downpayment of $19k+. I financed the balance. The payments were to be made every 2 weeks (at their request, since t...
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Hi! I'm completely new when it comes to real estate investing. My goal is to build wealth and generate income through buy and hold rental properties. I live in NYC, so cash-flowing deals aren't in my local area, an...
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Situation:
Brother owes $143,000 on mortgage
House Value(according to comps) $121,000
Offer Home to lender as a short sale for $100,000 (sister says lender may take/she is a realtor in Atlanta).
I would purchase.
An...
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FHA rejected the purchase of a duplex because the area is zoned for single family. There are several other duplexes in the area. I spoke to someone in the city's zoning department that confirmed the area was once zone...
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I have somewhat of a tricky situation that I have never been in before and given the moratorium I am not sure how to proceed. I am located in Asheville, NC and have a rental property with two roommates that are on a m...
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I'm not the greatest at Math so if anyone can help me calculate the yield on this deal it would be greatly appreciated. To me it looks like a good deal. Clause in contract makes Tenant buyer responsible for maintena...