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Results (752)
Kris Fox A very interesting situation. Help with offer
24 April 2013 | 14 replies

A REO is on the MLS in my area for $70,000. It needs about $50,000 in work and will have an ARV of $185,000. The house encroaches on the vacant lot owned by somebody else next door. This is public information availab...

Alberto Fernandez Government shutdown implications
24 January 2019 | 16 replies

Will the government shutdown affect section 8 rent payment or lease renewals in illinois (CHA or HACC). Appreciate any insight or perspective regarding this potential issue. Thanks

Patrick Philip What is the best way to do security system for rehabs?
18 February 2020 | 15 replies

I am just getting in to rehabs. I want all of my rehab properties to be under security camera surveillance, both inside and out, during the rehab and while it's vacant.I know where to buy cameras, but I need some spec...

Account Closed Banks starting to "spruce up" foreclosures?
18 December 2014 | 18 replies

So far all of my rehab deals have come from the MLS. I have an automated email feed from my agent that sends me (REOs, Short Sales, HUD, Auctions). Over the past couple of weeks I've noticed a bunch of REOs listed for...

Account Closed Fannie Mae - is this a common problem?
21 February 2018 | 14 replies

Hey everyone,
I figured I'd ask here because I know many of you have dealt with Fannie mae a lot. I've been having a problem with a listing and wanted to know if this is common or if something's wrong.

Here's the dea...

Terrell Washington What are good sources to find properties for Rental income?
15 May 2018 | 11 replies

I am currently working as a truck driver. I make decent money but I want to start earning passive income through rental income. I always hear stories of people finding good deals on houses from 20k-50k but I’m curious...

Tony C. Bought REO with existing occupants who created fraudulent lease
19 September 2016 | 21 replies

Hi BP, I recently purchased a REO property in Georgia. The occupants who are currently living there I suspect are squatters. I've seen the house and it's a total mess. Police have frequented the property on many occas...

Troy Longtine Potential renter has a pit bull. Am I liable?
4 November 2018 | 33 replies

I have a dilema.  A potential renter has  a pit bull and I'm a little nervous.  What is my liability if I allow pets, and her dog bites someone?  The unique thing is she is a Sheriff's deputy and has better credit tha...

Ryan Edwards Obtaining a CO on a 23% CAP 8 unit we are wanting to buy
8 August 2013 | 22 replies

I'm new to this forum thing so bare with me please.

We have an excellent opportunity on an 8 plex we are probably going to buy. We already have it locked down with an offer, pending the inspection report we g...

Ty Rob Bank unable to sell REO property, what's next?
2 May 2023 | 16 replies

I've run into an interesting situation in trying to buy an REO property and wanted feedback to see if anyone has experienced something similar, knows what happens next, or can offer any kind of guidance on how to land...