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I own a commercial land lot in Birmingham AL and I signed it over to a broker so he can list it and sell it. After signing the contract, the broker ignored all correspondences and a month and a half later, I see that...
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I'm looking at a property in Nashville, TN that's owned by an out of state owner. The owner has suffered from medical issues and is now declaring bankruptcy. The bank will be foreclosing on the house in 6 days. Is the...
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Hi! I am new to real estate investing, and am looking for guidance and learning as I tread carefully into this promising area. Having worked in a corporate job for the past 15 years, I have about $100K+ saved up, and ...
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When refinancing, do banks typically require their own appraiser performs the appraisal or am I able to hire my own appraiser and use that appraisal to support the refinance loan? Will investors obtain multiple appra...
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I found a duplex that is a 1/1 on each side. The basements on both sides are unfinished. I can finish both basements and turn both sides into a 2/2, and that would increase the STR cashflow by $700 per side. But i...
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I got a new MLS listing passed on to me by my agent. There's some things I recognize and some things I don't. I thought it might be informative to parse out some listing information. I'd imagine some people might have...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $194,025
The Sellers foreclosed mid-transaction and even had to lawyer up to get their lender to look at the Short Sal...
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I used auction.com today for the first time. I won the bid at $600, I was the only bidder, and it says I met the reserve. I have two questions:(1) If it says I met the reserve, that means that the Seller has/will ac...
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As Dodd Frank Act coming, I can see that LO investor should use MLO ( Mortgage loan originator) as our middle man to structure a deal. I used to close a deal in an attorney office. My question is if you put a MLO i...
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I'm looking at apartments and would like to assume the existing B of A mortgage. Anyone have success with a commercial mortgage assumption lately? Advice?