Investment Info:

Single-family residence buy & hold investment.

Purchase price: $350,000

Cash invested: $35,000

Purchased this property as a short sell to hold and rent. Minor remodel done on the...

The homes in our area are going for just a little over what we owe (10-30,000) but ours is a fixer upper. Realtor told us to put in 5000 and we should be able to sell it for enough to cover loan and fees just losing ...

I'm going to look at a short sale tomorrow. The seller has just filed an "Affidavit as to Military Status" with the court as part of the foreclosure proceedings. Is this a red flag?

I am considering a "strategic default" of my condo property in California. I bought it as my primary residence in 2004, but have rented it out for the past two years. I am more than $100K underwater, and do not qualif...

I bought a shor-sale house and the agreement is that not to sell it for more than 120% value from day 30 to day 90. I plan to complete the renovation within 60 day, and sell it after 90 days with more than 120% value ...

Hello everyone,I just wanted to ask a general short sale question which i'm pretty sure you have already seen before, but here it goes again. what are some disadvantages and advantages of a "short sale" on the sale si...

Hello, My name is Susan and I am newbie to this site.  I've been part-time investing for 12+ years.  I have purchased short-sells, foreclosures, rehab/flips, multi and single-family buy and holds, and raw land investm...

I came across a property that would cash flow as a STR in the Mountains of NC. As it has been listed for over 150 days, I inquired about terms and seller financing, which the seller responded as being open to it. They...

Apparently in a short sale the seller has a say in who gets to start going at it with the bank,(who locks it up).  My Realtor suggested I put in my offer with $1500 cash for the seller, but since we can't come out &am...

So, Ive been a memeber for a little while and have really benefited from the knowledge posted on this site. But, I have come across an issue I am not sure about. So, before I go to a real estate lawyer, I wanted to po...