Hi all- I have a prospective possible listing for a owner who is 7 months in default as of March after her husband died and tried to do a remod and it failed. Now she is trying to sell the home , house has a loan bal...
Hey guys, my name is Lawrence and I'm from the VA/DC/MD area. I joined the BP forums to learn and gather information. My dad recently passed away and my sisters and mom didn't want anything to do with the property. I ...
Hello! I'm trying to compare whether to use a conventional or 203k loan. I tried to run some numbers as you can see in the image below. What else should I be considering when comparing these two options?I'm leaning mo...
So I live in the Permian Basin, and we are getting hut hard by the drop in oil prices. Right this second my house is worth about 260k and we owe 130k. I had planned to do either a HELOC or a cash out refi to have cash...
I was speaking to my niece today and found out she has a property that she doesn't care too much about. Not too long ago she was willing to lose it because she owe's more than what its worth. At the moment it has tena...
Hi All. So while I wait for my first direct mail campaign to hit their recipients, I decided to get some "phone" practice in and call a few FSBO listings for potential leads and get the hang of speaking about propert...
My husband and I are really struggling to devise a plan to purchase investment properties through a corporation.We have the corporate formed and funded through an intercompany loan ( I own a small business that does w...
I entered into a short sale contract June 3, 2016. The bank has taken a long time to approve and now they say we need to close in 3 weeks. The seller is now concerned that he may have income tax liability on the amo...
Over the last year I've been busy with a townhouse community, the place was picked apart by investors years ago, then slummed out. Fast forward to today, and I've been buying batches of units, while all along knowing ...
I'm looking at a property that backs up to the Fox River in Wisconsin. The River overflowed and flooded the town of Burlington this past summer following some heavy rains. The property's yard overlays the fringe of th...