I have my first lead call in yesterday. The seller has a $55k mortgage, wants $8k to make a down payment on another house. The house has an ARV of $80k and needs about $10k in work. I want to wholesale this house. I k...

If i have a signed agrement and i am in first place with my offer is it legal for the realtor/homeowner to accept another offer and send it to the bank and then try to get me to raise my offer so i don't lose the hous...

Can someone shed some light on what is the CA rule or protocol in the following Short sale scenario?:

Buyer 1 has an executed contract for $380,000, meaning Seller accepted the offer and offer is being presented to...

I recently made an offer on a short sale. This home was hard for me to find listed because, according to their realtor, the seller was embarrassed to be selling the home as a short sale. It was not listed as for ...

New investor planning on doing very first short sale transaction.

I'm going to meet the homeowner this week, and would like to get all of the necessary forms signed.

The problem is that I don't have the forms yet....

Ashley and I recently came across a listing with “possible short sale” in the title. If you don’t know, a short sale occurs when a bank agrees to accept less than what the borrower owes on their mortgage when the prop...

SITUATION: Seller has an active bankruptcy and wants to sell b/c she's relocating. She would negotiate a short sale with lender if necessary, and I'm wondering if subject to is a viable way to acquire this deal or if ...

Has anyone successfully convinced a Bank (specifically BoA) to accept a non-arm's length short sale? If you have, what steps did you take and documents you submitted?

Thank you.

HI BP,I am looking forward to my first wholesale deal soon. My distressed seller wants to get rid of his home but has a hefty balance left on it. Of course i want to make sure i get a good portion from this deal but i...

I have just been notified that I have been selected as the successful buyer in a short sale purchase. I have been offered directly by the seller a lease of the property until escrow closes. Is there any legal or maj...