GLENDA WESTGATE
How do you go about purchasing a house from HUD.
I want to buy a HUD house and I was wandering if anyone could tell me how to go about purchasing one. Do they do a credit check on you? Is there a down payment? Are you allowed to just take over their note, if they...
Eric M.
Hard Money Lender Goes Rogue?
I have a deal with a hard money lender. First time working with him. The terms are not important. The deal is funded. I am the buyer. Both he and I are ready to close. Title has been slowing down the transaction due t...
Michael F
Hello0o New Guy From NYC
Hi there I'm Michael and I been looking at your website for a while and just recently sign up. I want to be a real estate investor so I'm currently trying to learn more about real estate and all I can from books and h...
Thad Miller
no escrow cheap land
I'm selling northern California land for under $2k. The buyer sent me a grant deed to sign with a notary. How do I ensure that I get paid if I'm not using escrow?
Jim Hiler
Contract from a wholesaler
Dear BP, I am trying to buy a property from a wholesaler. He/she sent me a standard Florida FABAR contract which is between the seller and the wholesaler and then an assignment contract which then assigns the contra...
Pamela Holmes
Wholesale on a HUD home
There is a HUD home for sale in a C area neighborhood. All brick, 4/2 1235 sq ft. for $41k; The ARV is $105k. The scenario is I want to wholesale this deal, but HUD is saying I have to close the property in my name, b...
Nicholas Arcidiacono
Seller Financing 101
Hey BP Community,Looking for details surrounding Seller Financing.... I'm still a bit confused on how it all works, especially if the seller has no mortgage on the property. What's involved, deposits, contracts, attor...
Nathan Frost
Subject to Purchase Agreement
Anyone have a solid Subto Purchase Agreeent that covers the part Pace Morby mentions. Looking for a solid Purchase Agreement Template that covers this.Basically saying - where I borrow $5,000 for the EMD, and it is f...
Tim Cook
Handling the Private Lender Money
I always get a lot of questions about how to handle the money so I'd like to go over a few of the basics.
- Touching the Money
Sometimes when people hear the kind of interest I pay they will get so excited about loa...
Bryan Boulware
Pre-foreclosure /existing mortgage
Hello,
Very new and my first post. I have a possibly silly question. General curiosity because I can't seem to get a clear answer. But on a preforeclosure whole sale, who takes care of the existing mortgage loan? ...