Hi All, Looking for a little advice on a possible transaction.Basic Deal Info1. Bank has issued foreclosure notices on group of investor properties. Single, Multi and Commercial2. The deal would be to buy all the no...
Since the auction I was hoping to bid on hasn't even come online yet and my wife is breathing down my neck to get her a house...I made a cash offer on a REO mid week last week. Just a few curiosity questions.
1) How...
So I rented out my condo last July and I'm starting to look over my tax documents in preparation for filing. I've done a lot of research over the past couple days but to my understanding since I make less than 100...
Long story short- I bought a condo with the intention to wholetail. Here are those numbers:120k PP (Hard money loan)3k Rehab170k ARV25k Projected Profit Now here's where the deal got hairy... I put this on the market ...
I know of several properties that have HUD case numbers assigned to them; but are not on MLS or HUDhomestore.com. These are homes that have been already been placed with realtors; but do not have (to my knowledge) ha...
Okay, I've been trying to educate myself about short sales and right off the bat, I have a question. After getting homeowners to sign an authorization to release information, who am I calling to start negotiating?The ...
Dear BP, please help! I am a brand new investor, and just closed on my first duplex today in Wisconsin, which has an existing upper tenant. The tenant had a verbal agreement with the previous landlord, of $500 per mo...
Can You "Force" Renters to Have Renters Insurance?
Long story short:
- This guy, call him "Yao", bought a house for $400k a few years ago
- For whatever reason he wants to get out from under the mortgage but he's been making all his payments. His credit history is b...
Hello All, Please helpI had a tenant moved in 2 weeks ago in Houston tx. I found out their job is fake, income is fake, they are professional tenant and they forged tenant insurance. they will not pay rent even they s...