A friend's house is going to foreclosure and he's doing a short sale. There's a 1st mortgage for $340k (foreclosing lienholder) and a 2nd for $37k

The first says they'll agree to $109k and only allow $3k to go to the...

I am confuse over the whole transactional funding. Lets look this scenario:
If i use transactional funding to purchase a property but after 30 days i cant wholesale, what are the other options?
also can i buy a rehab...

Hey all,I'm always reading about investors buying properties at 70-80% of appraised value and being able to get the bank to loan the entire purchase price since there's 20-30% equity immediately upon closing.From my e...

Hello,I'm Marti and I'm located in Atlanta (Smyrna area) and am just beginning to get my feet wet with real estate knowledge. My goal is to learn as much as I possibly can about rental real estate (primarily buy and h...

Hello BP,I am looking to purchase my first investment property in Baltimore by using a FHA owner occupied loan. I currently live in DC and I  am a licensed realtor in DC and MD. I want to know what are the best areas ...

Hi everyone. I want to know what I should do. Bought my home for $312k. Values in the neighborhood are btwn $490k-515k. We owe aprox $235k with a balloon payment at the end of $57k. (We had a hardship modification abo...

So I’ve been saving for a little while now and I’ve been studying real estate investing for about a year, I’ve read 10-15 books on investing. I’m looking to get started soon and I haven’t been able to come up with a s...

BP newbie here taking the leap into online RE networking.  I typically just use forums for info (aka lurker) yet opening myself up to where BP involvement might take me.Became an accidental landlord in 2010 while movi...

I'm trying to buy my first property but have no money to put down. I was considering using my VA loan but the rules for the VA loan states that the property must be used as my primary residence. So I wanted to know wh...

If the seller owes 48k on their home and asking for $55k as a net amt, does all of that net amt go to the seller OR does that mean they'd get 8k AFTER the remaining mortgage is paid off?? (The difference btwn the aski...