I have been monitoring foreclosure auctions in Pinellas County, FL and I need some help in understanding a few things:1- In some cases, I see the Final Judgement Amount is pretty low compared to the assessed value of ...

Good evening BP,@Michael Quarles @Robert LairdI got a bunch of calls and website leads today from people saying they just received my postcards. I'm feeling overwhelmed and have no idea what to do right now. Well, I...

Greetings,

I have a question I really want an answer to that I am somewhat not understanding. I wish I knew a bank which I could call tonight, but I work in the commercial world and just don't know how to fin...

Say you have $60k leftover every year to invest in rentals. Assuming 25% down, that's a couple homes valued at $120k a piece that one could invest in. I'm sure most banks would allow you to have 2 homes financed; howe...

Wife and I moved into a house in dire need of repairs....wife wanted the house b/c she wanted a fixer-upper. What needed to be repaired was the kitchen needed to be completely redone (water damage ruined everything, l...

I just sold a property and have the funds with an intermediary.  The title of the property was under my personal name.  If I purchase the exchanged property under a LLC, which I'm the sole owner of, will that cause an...

Hi, I placed a bid on a shortsale.  The mortgage is by TFC.  My agent told me this bank does  not give a dime for relocation.   I feel bad for the seller for she was expecting $10,000 to move out. Well, I also feel ba...

Hello, I am planning on getting my first rental property. My condo is worth $81K. I have $21K mortgage on it. It is my primary residence. I was planning on paying it off and save up a down payment, closing cost, 6 mon...

Has anyone ever purchased a lien put on a property by a utility? (Electric, lets say) What document is used to record the sale of the lien? Anything else to consider?

We are looking at a property that we do not intend to occupy that sits on just over 7 acres and has 2 homes. We would like to use the buildings as STRs. We are running into issues with finding a lender because it is o...