Sean Dougherty
Negotioating second lien on a shortsale
Thanks ahead of time for any pointers or advice. I am in contract on a short sale. Junior lien came up in title report. Ditech is 2nd lien holder. SPS is senior. Seller has already qualified for short sale with SPS. N...
Sebastian Vargas
Short Sales wholesale
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
Joe Stout
Selling a Seller Financed Deal
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...
Kelley Cock
Partial 1031 Exchange
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...
Shiv Choythani
Short-Sale Opportunity In Bronx, NY
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...
Account Closed
1031 Identification question
I know there are a lot of 1031 experts on here so appreciate you reading the post. I tried to do some searching and could not find this. The identification period begins when the property is sold. Say you have pros...
Talha Shahid
Negotiating Short Sales
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...
Nathan Zhivalyuk
HELP: Closing on motivated seller leads
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...
Steve Larson
New Colorado Anti Flip Law
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
Rich Hupper
Assignment Wholesale, What am I assigning?
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...