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Hello BP!I have a question regarding the process of how to buy distressed properties that are currently bank owned before they go to auction. My partner and I think we found some good leads on vacant or distressed pr...
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Hi All,I'm hearing that short sell deals are most of the time a bargain since you are getting the property as less than the current loan balance. It looks like the only drawback is the approval process that need the l...
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Many investors start their journey by diving into individual distressed property deals, but if you want to grow into a high-volume operation, it’s essential to change your mindset, strategy, and execution. Successfull...
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Hello fellow BP Members,I'm a wholesaler in the Seattle area and focus primarily on homes that are in foreclosure. I'm curious if anyone uses the tactic of sending direct mail that is in the form of unsolicited offers...
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according to Bloomberg Business Week:
http://www.businessweek.com/articles/2013-05-03/wall-street-wants-you-to-become-a-landlord#r=hpt-ls
Can you do a sub2 with a short sale?
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Many real estate investors were extremely busy during the recession acquiring rental property portfolios between the years of 2009 to 2013. Because a lot of the distressed real estate acquired by real estate investors...
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So, after discovering the BRRRR method it all made sense to me that it's just a flip but instead of selling for instant profit you'll refi the property and hold it for long term gains. Great sounds like a deal, howeve...
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I have read a lot about how to wholesale but can someone shed some light on
1. What type of property is prime for wholesale and how it should be negotiated?
2. can you only put a contract on a property free and clea...
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Hello out there are REO’s the best are at least the easiest distressed properties to buy? Just asking because they already have gone thru an auction and now are with the bank/lender because they didn’t sell at auction.