Sebastian Koellner
Just bought door # 2 with over 5k back at closing
It’s a small step on the slow and steady path to wealth. We are trying to move to MFH, but stumbled upon this Condo at about 60% FMV. After some negotiation and the usual procedures, we just closed yesterday – bought ...
Account Closed
Judicial Foreclosure Question
I'm in a nonjudicial state so forgive me if my questions don't make sense.
Is this correct: In judicial states, the lender files the complaint and lis pendens. And then, assuming all goes well for the lender, they ...
Joshua Dorkin
What's Happening in the Foreclosure Market Today?
Hey all . . . I had a few questions that I was looking for your insight on. Please feel free to share your thoughts on the various subjects.
1 - Are you seeing a settling of prices in foreclosures (REOs) right now?...
Joseph Brown
Wholesaling: What's the Best Way to Approach Motivated Sellers?
I am new to RE investing and plan to use the wholesaling strategy to build up enough capital to buy and hold properties. I plan to target homeowners in the preforeclosure stage. I don't want to come off as if I am cap...
Jeff G.
I Want to Acquire Student Housing for My First Hold, But I Don't Know How
I really want to get into student housing for my first hold. I've done as much undirected research as I possibly can. Based upon what I'm reading I really think this is an effective strategy and would like pointers on...
Michael Hable
Late Rent Payment: How would you approach the situation?
Hi BP Folks,I have a rental which I've had for 3 years. Recently my old tenants moved out and spoiled me with on time payment every month. Our new tenants were late 5 days with their 1st month and so I sent them a fri...
Sam Trulli
21yr Old...$220k in cash, don’t know where to start.
Hello everyone,I’m 21 years old and currently live with my parents here in New Jersey. I have my associates degree and work a seasonal Restaurant Job making $30k a summer. I also have my Real estate license but I’ve c...
Jane S.
Tenants moving out, want refund of sec deposit on moving out
Tenants moving out feb 28 wrote me they expect to get the deposit back on Feb 28 at which time they will “deliver the keys”. They are immigrants and the only good English speaker in the family moved away. And i dont s...
Jimmy Klein
My friend defaulted on full recourse loan and have a question
Ok so here is the summary. A class C apartment was bought by my friend not too long ago. I invested 20% as a silent partner and there are two other partners. The loan balance when the complex was bought was $2 million...
Eric Mitchell
Possible Deal or Not
Happy Holidays to all. There is a pre-foreclosure that I am going to on Friday. Here is the data that I have so far
Foreclosed amount : $ 169,400 ( with no junior liens )
Delinquent amount : $ 6,000
...