Hello. I am looking to make my first offer and it is a complex situation on the seller's end (POA is selling the house) and their agent is fairly new to the business. I do have an agent helping me with the purchase a...
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Hi BP community, I am following up some Pre-foreclosure leads and would like to know how long roughly it takes to transact a "subject to" agreement. I know it is generally quicker than going out and getting a loan, bu...
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Most of my life is spent living in and cruising around the midwest. Particularly in the Kansas City and Des Moines metro areas. And when I'm traveling to the outskirts and more rural areas, it bugs me that I see so ma...
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Trying to buy short sale w/ 2 bank loans. I offered 184k to seller and they accepted, sent to Bank 1, that has 212k loan. Bank 1 agreed and offered 1.5k to Bank 2, that has 38k loan. Bank 2 is refusing to sign, but...
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My son is a college student who has found an REO near his campus. It is owned by the bank, a smallish bank located about 40 miles from property. We have been shown the property twice, once to look, second time with ...
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Is it not a great time for creative financing? I am having a hard time finding "motivated" people needed to make a deal happen. I live in California and was looking to do deals in the Riverside area as well as parts o...
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I'm sure some of the BP veterans here have some great stories to share.
I'll share some creative paper deals in a bit.
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Hi BP Community!Working with a RE Agent to find interested sellers of small muliti-fams in a competitive and "hot" market in the New York Hudson Valley; the agent is both working as the RE agent and as a 50/50 partner...
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How to Work With a Property Management Company, Empire Industries?
I used my first home buyer loan to buy a 4-plex. Part of the stipulations in my loan is that I have to live on the property for a year and must move in wwithin 60 days. One tenant had voiced to me that she plans on mo...