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So I just completed rehabbing a property and am listing it for a little over 150,000. Another investor property is selling for 149,000 just around the corner. Last year the bank was offering a 3rd property down the st...
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Hi all,I have an application pending. Good credit score. But bank ending balance for her and her boy friend is about $200 each.The deposit and rent she has to pay will be about $2800, I ask how she is going to pay she...
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For persons investing in the Smoky Mountains, how are you finding deals? I am constantly checking the MLS and set up alerts, and most properties goes pending super fast.
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I bid for a Bank owned multi family house on Hubzu and won. The property was tenant occupied and it was cash only. I signed the Purchase and Sale and we were getting ready to close. I found out that the house had a lo...
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"CoreLogic Expects Short Sale Fraud Prevention Tool to Catch On"
http://www.biggerpockets.com/links/6844
Excerpt from this link:
To prevent short-sale fraud before closing, the new tool matches loan details against...
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Tomorrow will be an action packed day for those who follow economic data on an ongoing basis. Here are the main items that will be released:1. GDP Annualized Quarter over Quarter2. Personal Consumption3. GDP Price Ind...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $80,000
Cash invested: $145,000
Turning a 3/2 into a 4/2 duplex for short term rentals.
What made y...
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Hello BPers,
I have question regarding a property we are looking at and need help as to how to navigate through this issue. The property has been vacant for a while. The sellers had some building violations ...
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Do anyone here have any experience on submitting backup offers to short sales?
What is the success rate?
I have a number of properties that I am interested that went into pending on day one, or before I can arrange ...
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Hi everyone,2 weeks ago, I got a call from my realtor that my offer on a triplex had a good possibility of being accepted. The deadline was last Monday, and we expected to hear something either the following day or We...