Bob Couture
'Subject To' or Not to?
Dear BP readers,
Could use your creative minds to see what the best course of action is for this prospective client. Here is the situation...
Motivated seller came to me through my website. They are moving. They ask...
Ryan Kelly
Austin Rents are On the Rise
After a fairly flat 2020 in Austin for rents, 2021 is showing strong signs rents can greatly increase, especially with single-family homes. I've helped two landlord clients this past month secure tenants at much highe...
Johnny George
First REI property not under an LLC, what do you suggest?
My business partner and I are in escrow on our first investment property, in Pittsburgh. It's a single family home that we're gonna do long term rentals on. We close in about a week, but our biggest mistake was not ...
Richard Dimery
Help Finding My First BRRRR
I'm brand new to real estate and am hoping someone could share their thoughts as to whether this property could be a viable BRRRR. It's listed at 130k, and the property directly across the street has a Zestimate of 1...
Jason Aycock
Short Sale Deal Analysis
The seller is in pre-forclosure, the sheriff's sale has already been postponed once, and home is scheduled to be auctioned off at the end of this month. Seller said she'd take $60k, but the house is in such b...
Robert Wood
In a 1031 exchange do I have to use all money or down payment
If I do a 1031 exchange I know the property has to be equivalent or more but can you put just the down payment on that property or do you have to purchase all in cash and also can you 1031 into a auction property som...
Martha Blumel
Owner in BK- Shortsale and Deficiency Judgment
I have been speaking to an owner of a property, that I am interested in, who tried a short sale before and Chase wanted a deficiency judgement against him, so he did not move forward with it. The property has been sit...
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How do I structure my first deal?
I don't want to put any money down, but I'm not sure how to structure it. For the cash, I need your reference for a hard money lender. Here are the underlying facts:
1. It is a blanket loan, which means that all t...
Robert Adams
SB 321 proposed in NV....thoughts?
It is my understanding that this proposed bill is very similar to a bill already passed in CA. I am interested in hearing your guys thoughts on the impact of this bill should it be enacted.
It was proposed 3/18/13.
Lang Le
Can the bank reject the bid
1. At the moment, I am a highest bidder on a Trustee Sale Auction (the trustee is a law firm) the starting bid was set at 194K and my bid is well above it (240K). Any chance that the bank who holds the mortgage will ...