What are the pros and cons of a short sale? So many people seem very afraid of short sales, why is that?

I have a subscription to realtytrac.com. For a particular property I'm interested in, which is scheduled to be auctioned in Sept., I can see that the "Balance Due" is $157K, but the "Opening Bid" is $110k. Why would t...

Often successful stories are shared & while we can learn from wins, I often find I learn more lessons from failure. So I wanted to share my experience with the community. Thanks for reading this is long! Buckle up...

what happens if you have been making the interest only payments on a HELOC for 10 years and then life throws a curve ball?  lets say over the course of 10 years you lost your job and you cant afford what the payments ...

Hi I’m new to real estate flipping, and was wondering if anyone knew if the MLS listing only accepts 203k loans to purchase, why the seller only accepts this type of loan and is it a good or bad thing, and should I av...

I keep hearing of homes that cannot be financed through traditional means due to condition deficiencies like broken windows, non-functioning kitchen, no running water, etc. These are examples but is there an actual li...

If a month-to-month tenant wishes to move to another unit in a building, should we do an addendum to his current lease (showing the new unit and new price), or just a brand new lease? IF the later, is there some pr...

My wife and I just purchased our first home with 203k loan the bank gave half to the contractor and gave us the run around we are now about a month and a half in and this contractor did not pull permits as asked and c...

So I talked to Us Bank and they said that they put the package together for me and that I have to become an approved investor. The guy said he does his "due diligence" and if I am approved to buy from them, he will s...

Have my eye on a property at auction with a HOA lien I will be paying off but there is a reverse mortgage first that is with HUD. Has anyone ever tried to negotiate a reduced payoff amount with them? They have not sta...