Sean Dougherty
Credit card lien on short sale property.
In escrow on a short sale as the buyer. A $3,000 credit card lien came up in title report. The seller cannot afford to pay off that lien. As the buyer what options do I have?Would it not be in the 1st line holder's in...
Matt Pfefferlen
Overturned Foreclosure Sale?
Hi, I was just a bidder, and I am wondering what are the chances that this foreclosure sale gets rescinded in California. The auction starts as normal. The last bid is 100k over opening bid before the auctioneer get...
Corby Goade
Due diligence for auction properties
Hi All- Been keeping an eye on some auction properties and have questions about proper due diligence. Obviously a visual inspection is needed, but beyond that, what else is recommended and how do I find that informati...
Jerid Ladson
Buying a short sale property
I just put an offer in for my first investment- it’s a short sale so I am wondering if there is anything I should look out for- double check before continuing? I’m unfamiliar with how shortsales are different from for...
Shane Hetzel
Advice on funding options when over-leveraged
I am currently in the middle of a large renovation project on my home, which I am converting into condos and plan to flip as soon as the renovation is complete in early December. Originally I was planning to have a pa...
Gretchen P.
Need insight on a rural duplex deal
I have a lead on two duplexes in a rural area, $60K total for both duplexes. Rent in the area for 2/1 units is between $600-800/mo. I am assuming $30K in repairs total. All in will be $90K, with conservative rental ...
Sean Dougherty
Negotioating second lien on a shortsale
Thanks ahead of time for any pointers or advice. I am in contract on a short sale. Junior lien came up in title report. Ditech is 2nd lien holder. SPS is senior. Seller has already qualified for short sale with SPS. N...
Ali Parnell
Newbie looking at first Auction purchase
Hi! I’m new to real estate investing. I’m looking at a townhome in my area that’s on auction for a starting bid of $37k with estimated resale of around $200k I would plan on using it as a rental and it could probably ...
Tony Kogan
Auction
Hello BP community,I am planning to go to the auction in Atlanta that is being advertised at auction.com. I wanted to find out if a foreclosure wipes out all the liens against the property. Also what is the most econo...
Raj Kumar
What to expect from a Commercial Realestate Agent?
I have a 16000 SQFT Strip mall in Saint Marys, GA which has 4 small units (1000 Sqft) that are rented and 1 large unit (12000 SQFT) which was a furniture store before. I am trying to find an agent that will assist me ...