Petit Morne
Buyer pays $4k Loss Mitigation on $100k SFH
Is this mitigation fee too much to pay for a SFH?
Of course it is a short sale.
Rehab is in the $40k-$50k range.
Post rehab appraised value should be in the $180-$200k range.
Thanks.
Michael Johnson
Tax sale overages process
As a new investor certain areas of real estate are appealing; however, the aspect of low risk, no money down with unlimited opportunity for profit is the most sort after. We all know no area of real estate is complet...
Andre Vitalis
The seller doesn't want to share mortgage info
Quick question. I'm working on a deal where the seller does not want to reveal any mortgage information. They will only tell me that they have owned the property for 8 years and that the mortgage owed is small and cur...
Jonathan Freeman
How much would I pay in Capital gains tax
I own a 2 family and am looking to sell it. I am trying to figure out how much I would pay in taxes. Purchase price $145kI owe $122kI wanna sell the property for $250kIt is a rental property.i have 2 questions 1. How ...
Javon T. Varona
Looking for input on the Southeast Louisiana Housing Market.
Good morning all. I am new to RE in the sense that I have not made any transactions. I've studied a lot over the past few years, and didn't decide to take it serious until recently. So, I am from California, but moved...
Account Closed
My first offer got rejected and I couldn’t be more proud
My wife and I are looking to owner occupy a fourplex. I found a triplex that was distressed and the owner bought it at a foreclosure for $116,000 last February. The listing price was $234,000 and the largest unit was ...
Paul Gonzales
As an Investor what is the Best Seasonal time frame to Purchase
As a newbie, I am wondering what is the best seasonal time to buy and sell a Properties?The holidays are around the corner and I was wondering if there was a peak season to buy and sell of properties. I kind of figure...
Angel Perez
How to wholesale or do sellers financing.
I'm a real-estate investor with two properties and the third deal might be in my neighborhood. There's a ranch stile home in my town that has tarp on the roof for the longest time and I want to go knock on the door ho...
Joseph Rios
Direct Mail Marketing as an Investor/Agent
Hello BP community!I’ll be sending out mailers to see if I can get some good deals on off market properties. I’m a Real Estate Agent/Investor so I’m trying to figure out a way to ask homeowners that if we can’t come t...
DeAngelo Melone
Wholesale/Contracts and Structuring
I went to a seminar earlier this month about wholesaling and the speaker mentioned that when wholesaling he would buy a property with an LLC and then sell the ownership in that company to an end buyer. [b]FYI I'm in t...