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I'm looking at making a short sale purchase on a property that is mortgaged by Citi. This is my first time dealing with a short sale, so I have no idea how low I can go with my offer. The property has been listed for ...
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We are selling our home and the bank requested an appraisal.
The appraiser only used 1 comp and it was a REO - thus causing our property to be valued $25,000 below market value. Even though there are 3 other proper...
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So last November I submitted an offer for a client on a HUD home, during initial owner occupied period. The home was listed @ $200K. Our submitted NET offer was slightly above asking price (conventional financing).......
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Being located in a military town a major factor in population count is largely government related. The active, veteran & retired military personnel along with DOD civilians & contractors are a big influence o...
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We talk a lot about vacation rentals within the States, but how about abroad?Me and two friends are starting to look at resort areas in Mexico and the Caribbean. We've run a few calculations and NPV projections, but ...
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Many post with HOW someone got started in RE investing. But I was curious on WHY you chose real estate? Was it your mother or father or relative you admired? Was it just intellectual curiosity? Was it some infomercial...
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Hi, short sale experts. As I have been extensively studying short sales for about a month now there are a few questions that I have yet to find the answer for. When should I begin marketing my short sale property? Can...
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Just curious what you guys would take as a percentage of a deal for partnerships where the partner would put up 100% of the capital/financing.
Currently have 3 rental properties under contract for but can onl...
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Hello everyone!My investment partner and I are on the BRRRR train and have noticed that appraisals seem tightly influenced by offers. We expected a recent wholesale deal to appraise 20-30% higher than our offer. It ma...
I heard someone mention the other day that listing agents for Fannie, Freddie, and HUD properties will not be very helpful with offers that are less than 85% of the list price because it may loose them their contracts...