Donna J
How to Find Help for Short Sale
I have posted before regarding my problem with my investment properties (see: Is it possible WAMU will lower my principal?) . I took the advice of this group and immediately put the property that has the best chance ...
Keith Belzner
Owner called, has not paid morg. in 4 1/2 months.
Hi BP, Received a call just now and need some insight. Owner has not paid in 4 1/2 months. renter stopped paying rent. He received a letter from bank that he has 50 days to respond. Feb 12 served a letter of default....
Tyler Rowley
Cash-Flowing College Rental (Providence, RI)
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $370,000
Cash invested: $105,000
This was my first multi-family investment. It is in the heart of Providence...
Trent Barga
First rental Property Purchase
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $40,000
Cash invested: $75,000
Came across my first property prospecting for sellers as I am a Realtor. This deal w...
Tony Santos
Negotiating bank owned properties
Hey BP,So I am currently in a negotiation with a bank owned property. I unfortunately hit my MAO and we are $15,000 apart. I know patience is key and their motivation changes over time but are there any special or "hi...
Bruce Gardner
Partial Security Deposit and Selling Property, How to handle?
I'm in the process of selling a duplex. One of the tenant security deposits only partially remains, and I'm not sure how this should be handled. Any advice?- Tenants paid $650 when moving in- A few months later, tena...
Kiki Helland
1031 ownership of Replacement property
HelloHope you can help with a technical question about 1031 exchanges.Does anyone very familiar with 1031 exchanges know what IRS considers having rights of ownership in replacement property that is considered suffici...
Brandt Tingen
Self-Employed Owner-Occupant 2-4 Unit Loans
Hi All,FHA loans are great for owner-occupants with a W2 job, but can be prohibitively restrictive for those who are self-employed or run small businesses. Have a borrower with excellent credit, cash reserves, track ...
Mark C
Buying HUD Homes?
I am still fairly new to flipping properties. I have been told to stay away from going after HUD homes? but no one has given me a reason not too. Is there any reason not to buy a HUD home to fix & flip? dont they ...
Account Closed
Capital Stack
Real Estate Capital StackI am often amazed at how many time I use the term “Capital Stack” only to have someone stop me and ask me to explain what I mean, so I thought I would take a few minutes to explain why this is...