Back in early August I put a cash offer on a REO property with prof of funds and desired closing of September 30th(I also told my realtor that the date can be adjusted to whatever the seller wants). My offer was 52k o...
My wife and I are in the middle of purchasing our first "triplex". Including the air quotes because zoning hasn't given their final blessing that it's legally conforming. The property was constructed in 1880. It has 2...
We posted our house for sale last year and finally had a potential buyer in October of 2021. I moved my family to Colorado after our realtor told us she had seen the pre-approval letter from the buyers lender. Shortly...
Hello BP members,
This is my first time posting and recently joined. A very beginner investor here, a little about myself is I have one rental property and looking to expand. I’m from Canada living in Central Albe...
I made an offer to Ocwen to buy a piece of property. It was listed at 200,000 when we made the offer of 160,000. The homeowners signed off on the offer and then the offer was sent to Ocwen. Ocwen said they will hav...
Hello,I’m a new investor looking to build business credit, I was wondering what is the best way to form a business entity?
I have been watching the last 4 months in absolute awe. Unemployment is through the roof, businesses are going bankrupt, most people are staying home not spending money yet the stock market and Real Estate market are...
Are you prepared to do what it takes to SURVIVE this business?Are you REALLY prepared to make those tough calls?Can you push emotion to the side for the betterment of your business?Are you willing to do EVERYTHING in ...
You hear about wholesailing REO but no one knows about it.
Was just told today by a Chicago area attorney who works with a lot of investors that he has seen a sharp increase lately in banks calling notes due.Very curious if anyone else is seeing this.