Erik K.
Short-Sale Negotiations
I have been working with a homeowner to avoid foreclosure. I guess in this case he wouldn't be considered a seller. A Notice of Default has been issued and the borrower is a few months behind in payments. He current...
Shaun R.
Rehabs on flooded houses
There are tons of flooded and gutted houses on the market since the big flood last year. Have any of you guys done any rehabs on these houses and were they different than any other rehabs you've done? Do you need an...
Jordan T.
Newly Active Member in Charlotte, NC
Hi everyone, my name is Jordan and I'm fairly new to the Charlotte area, coming from Raleigh-Durham. I've been a lurker on this site from time to time over the past 4 years, but now I'd like to start interacting on t...
M. Ian Colville
Good renter's insurance company?
Hi! We're thing about requiring that tenants buy renter's insurance in order to rent one of the 300 homes that we own. Does anyone know of a good insurance carrier that we could recommend to tenants? I'm specifical...
Jon Moss
Newbie from Danville, VA
Hello everyone,
I've only recently taken an interest in REI. Countless hours of reading and YouTube videos led me to almost taking the bait on paid for GURU program. After conducting my Due Diligence on th...
Drake Johnson
Big discount on a practically new house!
Investment Info:
Single-family residence other investment in Concord.
Purchase price: $125,000
Cash invested: $1,000
My most recent purchase:
SFH - 3bd 2ba - 1150sqft
Purchase price: $125k (VA loan)...
John M.
What to offer for this opportunity?
Hi guys - There was a foreclosure auction on this specific property several months ago. It didn't sell and got bundled with a few others which was purchased by 21st Mortgage Corp. I've reached out to them to buy it a...
Lance A White
Substitution of Collateral
I'm looking for any BP members who have recently used or are currently using a substitute of collateral clause. Specifically, are you using it as an addendum, or is it incorporated in the purchase agreement?
Jerome Klah
Wholesaling in Atlanta, GA
Is anyone familiar with the Atlanta Fulton County market as far as wholesaling properties? I read a recent news article and learned that wholesaling in the Atlanta market is decreasing due to big name investment firms...
Rich Weese
Rehabbers
If you are still in the rehabbing business, are you using borrowed funds or your own money or joint venture? If not your own funds, % for JV or rate you're paying for borrowed funds? After paying for borrowed funds , ...