We foreclosed on a SFR last week in Memphis, Tennessee. My partner runs an asset management company that handles our REOs as well as those for two other funds across the country. One of the first steps is to find a lo...

Is it possible to protect my EMD in this scenario:

Say I put in an offer for house x and it was accepted along with my EMD. (May be wrong on how that works as I haven't done so yet, but I'm assuming this is how it go...

I'm trying to do my first short sale and I really need help.

Here are the details:

FMV of house based on comps: $155K
Repairs needed to property: no more that $20K
Total owed on 1st to Wells Fargo: ~$163K
No second...

With the novel Covid-19, Many Americans are battling economic uncertainty. Over 6 million Americans are seeking Unemployment and are experiencing a significant decrease in their household income. Treading uncertain wa...

I currently have an single family house in which I live in with my wife and kids. We want to start to buy and hold property for rentals. Do I need an LLC to start out ? I would also like to know how do you keep obtain...

A lender told me that if I let several banks/lenders pull my credit within a short timeframe (like 14-21 days), it won't hurt my score anymore than if there was just one credit inquiry. But they weren't sure of the ti...

Hey BP, I would appreciate advice on getting an appraisal completed for a 2-4 unit multi-family property. So far we have not had any luck with our lender(s) successfully getting past this barrier in the closing proces...

Hi all,This is my first post here and I am looking to secure my first deal on a non-owner occupied fourplex. It is considered a residential property because it is less than five units but most lenders I have found wil...

I was looking into hard money lenders for buying an auctioned house online. Can someone describe their process of buying an auctioned house with a hard money lender and other steps in buying an auctioned house? How lo...

Hello, I am a newbie from LA california who is hoping to start a REI journey!I bought a Condo on 2016 which is  now worth about 600k( Zillow estimate) and I have a principle balance of 316k. I got 1/7 ARM at 2.87% rat...