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Results (4458)
Ray Jender House Underwater...Looking To Buy Another?
12 May 2014 | 10 replies

So I am 64 and getting ready to retire at 66 or 67. We are really interested in Florida. A condo or townhome.

But here's the issue. Our current home is underwater. Sure I made a mistake of buying at the pe...

Samson Kay Sellers underwater. What would you do?
11 September 2014 | 15 replies

I was recently approached by a motivated seller that's is currently upside on his mortgage. It's a condo that currently is worth 70k, and he owes 90k.

Between condo fees and the existing mortgage, operating expenses...

Dane Fenner Seller has Investment Property that's Underwater
12 September 2013 | 10 replies

Hello BP,

I have been presented with an investment opportunity with a contingency.

Backgroud:

The seller is a family friend living in New York who happen to purchase a investment property In Atlan...

Marc Bracy Florida Wrap Around on Underwater property
20 November 2016 | 3 replies

What's up guys, got a question for those who are far smarter and wiser than I am.  I have a lead that is technically upside down, but cash flow wise is in good shape - Here's the quick breakdown and my idea of how to ...

Trina Seever Underwater on a house, now what?
14 June 2015 | 11 replies

Hi, I am a new investor.  My partner Greg and I moved to Chattanooga, TN, wanting to flip houses short term to build some capital, then move to buy and hold, and eventually to apartment complexes.  We started very ide...

Jeremy H. Under water - higher equity is better?
11 June 2024 | 4 replies

Doing some risk analysis.Let’s say I buy a property now and market value drops soon by 20% is it better to have less downpayment such as 20%.  Or if it is better to have / had 40% (either higher down or big lump sum t...

Account Closed Underwater 2nd NPN on rental property
24 May 2014 | 3 replies

Hey guys,

Quick question. What is the typical scenario if you own a 2nd NPN on a rental property that is very underwater, and the borrower files chapter 13 BK? Best exit strategy?

Thanks.

Kwambe H. Underwater Rental Property - Hold or Fold?
22 May 2014 | 18 replies

Hello BP! Several years ago, a 22 year old me (and my wife) with a baby on the way decided to purchase our first property (with little to no money OR real estate experience). We purchased this home mid 2006. Fast f...

Corey Baum Direct Mail Campaign & Underwater Leads
24 October 2014 | 2 replies

My mail campaign is working well in the sense that im getting alot of calls. Alot of them are houses that are underwater. Ive researched it a little are here, but what are some other peoples strategies for these scena...

Benjamin Cowles Why does it matter if a preforeclosure is "under water"?
25 January 2016 | 16 replies

When qualifying a property, why does it matter how much it is under water if the bank will still only be able to get the highest bid at auction? Isn't the bank just as likely to accept a short sale vs going through a ...