I looking at a property and the owner lists it at a 12% cap rate.  I did my math and the real number is closer to 8%.  The property is class B or C. I am new to this, but it isn't prime and isn't terrible either.When ...

I purchased a four unit building early this year.  Part of the down payment was borrowed using a 2nd mortgage against another building, so my real equity is lower than the building value less the 1st mortgage.  Financ...

what is the difference between and option contract and a standard purchase contract? which is better to use for short sales?

Hello to all,

I am relatively new to investing with just under two years under my belt. Yesterday, two of the homeowners I've been working with over the last few days agreed to sell me their homes through a short sal...

In the past, anytime I've tried buying a short sale, I waited about two months oply to have the bank say they want more money and kill the deal. For this reason, I have avoided short sales up until now.

I'm in the pr...

The back story…I live in a three unit property I purchased in 2007. I have lived in one unit with my two kids and now current wife ever since. Life is great! However, it was time to get our own place and keep the tri-...

Who has completed a successful closed Short Sale with B OF A this year in CA? An arms length regular owner occupied short sale to a owner occupied buyer? How long did it take?

hi guys I need help doing a short sale in tallahassee. I want to make an offer to the bank and then flip the property when it goes through. I'm an investor. Any ideasThanks Tin Hall

We bid $166k cash on a Wells Fargo short sale property in January. Bank came back today with a counter of $175k (which includes $10k relocation for seller). We want the property but want to counter the smallest amount...

My home is currently going through a short sale with two mortgages. It seems they will both be forgiven. I don't have the money for a lawyer, but want to make sure that the bank or a collection company can't come afte...