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...
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...
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...
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? ...