Hello Everyone,I am new to bigger pockets and fairly new to RE Investing. I found a seller that has inherited her mother's home which has a reverse mortgage. The bank is asking her 57k to pay off the balance or to sel...

Hello,I just received a call from a distressed home owner, that received one of my yellow letters, and he is wanting a cash buyer to accompany him to a home auction. What home you might ask?...his home. He desperately...

On short sales. What’s more likely to be accepted; higher financed offer or a lower all cash offer? Also generally what % of loan value is the bank looking to recoup? Thx

Heya,

I just signed up for the site today. My main interest in the short term is figuring out what to do with a house that is significantly underwater, but has potential in a few years. Mainly looking to rent it out ...

HI,

Should I bother trying to help owners who owe too much over their homes' current market value?

For example, i have 1 owner who has a nice condo worth about 45K, but he owe...

There is a great article on Yahoo Finance about homeowners that are under water and how it might make sense for them to walk away.

http://finance.yahoo.com/tech-ticker/it's-okay-to-walk-away-let's...

I have a lead with a seller who says they have a very large mortgage on a house. According to the county tax accessor the house was sold for 69,000 six months ago as a unqualified sale.

I know that a unquali...

after i sent direct mail 1 specific person reply , i find out  on public record they home unpaid balance is about 243,000  which is at huge different amount  let said ridiculous from which the home is worth , how you...

I have a question about flood zones. I am interested in starting a mini storage business and have found a property great for this business. Recently our community has gone through some changes and a new four lane hi...

As MLS deals are harder and harder to find, more and more investors join the ranks (basing it on new investors on BP), many doing direct mail, declining numbers of underwater sellers and otherwise distressed sellers, ...