Leslie Fernandez
Approved Short Sale vs HOA Foreclosure Sold at Auction
Wanted to get any feedback of anyone with possible experience on anything similar to this. What if an APPROVED short sale was underway and notification failed to cancel the HOA foreclosure auction? An auction took pl...
Johnny P.
Wholesaling a Short Sale
Has anyone successfully closed a wholesale on a property that was originally a short sale? Meaning a realtor was negotiating a short sale for a homeowner, you ( the wholesaler ) submit an offer to the realtor, it get...
Mike Higgins
Foreclosure Process
Hey there BP.I recently came across a foreclosure in my area and was able to do a search and found the name of the people who were previously living there. With the use of the handy dandy internet I was able to get i...
Benjamin Spiegel
Redwood Breaks Bridgeport, CT, Commercial Sale Record on a Price Per Unit Basis
Investment Info:
Large multi-family (5+ units) commercial investment investment.
Purchase price: $1,345,000
Cash invested: $500,000
Sale price: $1,825,000
The sale now holds the Bridgeport, CT re...
Ibrahim Hughes
'Blacklisted' by Wells Fargo for 'Flipping'?
As a realtor I'm representing an investor friend of mine who had an accepted offer on a short sale property where the lender is Wells Fargo.
The offer didn't get approved, despite it being for asking price and the bu...
Sam M.
Short sale order of events?
Ok, so I didn't go to any guru's classes and sign up for any concierge service. So I need a little help.
I have been looking and can’t seem to find anything on the order of events for investor short sales. I am loo...
Martel Fowler
Understanding wholesaling agreements
I have 3 contracts for getting homes under contract for wholesaling and I need to understand them. The first one is real estate purchase and sale agreement. Second one is Agreement to assign contract for sale and purc...
Ali Hashemi
1031 Exchange Question
Hi,I'm closing on a portfolio of 4 duplexes. All four duplexes are under one LLC and a single commercial loan is servicing the portfolio. I'm considering rehabbing and selling one of the duplexes. My question is this:...
Boris Grinberg
Can I use 1031money from selling a property as a private loan
Can anybody help with the following? 1031 can be a bit confusing.I sold a property and can't find anything interesting to invest in. Can I use these money and offer a private loan with no interest payments, just payof...
Account Closed
ARE SELLER CONCESSIONS IMPORTANT?
YES! Seller Concessions can help a borrower qualify or the best loan programs and can make or break a deal.Example: 103,000 list price $95,000 negotiated sales price/ net to seller or$10...