Ben Gibson
I need help with a short sale!!!!
I have found a short sale house in Shiloh il. The house appraised for about 155 they are asking 126. How do I get the best deal on this short sale? Should I offer less than 126? The house is really dirty and will n...
Christopher Gravillis
Is this worth taking any notice of?
I have recieved a phone call from a lady in Tampa FL who is 3 months behind on her mortgage payments and wants to get rid of the property.
She was working with another investor but she has not been able to get in tou...
Michael Lauther
How do Lenders value SFH in foreclosure ?
What sources do Banks and other lenders use when assessing the value of real estate in foreclosure. Is there a some index they apply to value distressed real estate?
Arin Hanohano
Redemption Rights & Wholesaling
So here's the deal.... I was contacted by a gentlemen who's company purchased the Redemption Rights of a 3 bed/2.5 bath SFH from the original borrower this week. He's looking to find a buyer for the house with the fee...
Malcolm Brown
Negotiations with seller.
First off, I would like to say that i have successfully launched my first marketing campaign, and I am feeling very excited.~first call from a seller~A day ago, I received call from a seller I sent a letter to. He sai...
Rafael Floresta
Short sale of home bought before marriage
I am in contract in a short sale with a seller who bought a house before he got married. He is now deep underwater and wants to shortsale. He is still legally married but separated. He doesnt work, he is a veteran and...
Dom Battezzato
How to get motivated seller leads
I am an absentee owner. I get direct mailers daily from cash buyers. I had a conversation with a cash buyer today and they asked me "what would you sell your property for?" My number was way over fair market value. He...
Jarret Durst
FHA 203(k) vs Fannie May vs Freddie Mac
What’s up guys, I’m trying to cover all my bases. I’m looking at a foreclosed property that I want to do the BRRRR strategy on. I only have enough for a low money down approach for now. I was looking at FHA 203(k) but...
Dave Versch
Making offers on Bank-owned and Short sales
Just wondering if I can get a ballpark percentage here. If a short sale is listed on the MLS, what's a reasonable percentage of the listing price to offer for the property? Same question for bank-owned properties. ...
Antonio Estrada
Investing in Pre-foreclosure Properties.
I'm currently trying to find a house to hack, and I've been analyzing many deals, however, there is this one house that is listed as a pre-foreclosure and I'm wondering if any of y'all have any experience in buying in...