Investment Info:
Single-family residence fix & flip investment.
Purchase price: $86,000
Cash invested: $15,000
Sale price: $161,500
First fix n flip in Houston with a hard money loan. Learned...
Hey guys! I've got a deal I'm going to have the seller finance 100% of at a 1% interest rate. Assuming this deal closes, what will happen when I want to sell the house? How does this work with the mortgage on the home...
I have a property under contract, that my GF and I are planning to house hack then rent out entirely after a year or 2. While under contract, the property appeared on a foreclosure site I follow. The date of the forec...
We are very novice investors. We turned a primary home into a rental 8 years ago because we wanted a bigger home and didn’t want to sell during a downturn in the market. We would now like to sell our rental and reinve...
Hello everyone, I have recently been doing some research in the area of buying homes directly from home owners that are motivated to sell their homes for various reasons. I understand the theoretical process well in t...
Do we need a debt adjuster license to process and negotiate short sales? I haven’t been able to find very clear info on this. For those of you who have experience with this, how do you get the buyer to pay the process...
Has anyone seen this? New law that requires disclosures to A side bank, seller, and b side buyer and b side lender.
Colorado House BIll 10-1133
Good evening BP'ers,
I have a potential client that has a property in the Bronx(NY) that has been sitting in foreclosure for close to six years and the client wants to set-up a short-sale for the property in order t...
Anyone could help me with some info about short sales that need bank approval. recomendations in making offers for theses leads and what's next? thanks
HelloIn my state of Massachusetts agents use two contracts during the typical RE transaction. First there is the "offer to purchase" which is usually 1 to 2 pages. Second there is the purchase and sale "P&S" agree...