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Hi All,
Hope this note finds you healthy.
I'm selling a property which at the surface would make it seem that I am making a profit. However, after taking into account closing costs (from purchase and then sale), Ca...
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I purchased a note that had a UPB that was near $100,000 on the tape. When all said and done and boarded with a servicer the UPB was recorded as about 3/4 of that number. The borrower admittted to owing the higher...
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Please, I have a problem that may be better understood by expert landlords. I used my purchase price on a multiunit residential property, minus land value, for the cost basis of my rental property. However the purchas...
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I just put an offer on a short sale property. I put down a $1,000 deposit and offered the asking price (The SF home had gone down several times and there were multiple offers). The seller accepted my offer. And now ...
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Has anyone flipped a house to yourself? I'm thinking that being able to transfer homes through arms length transactions could be benifitial.
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Hey guys, i was hoping to get some answers in this particular situation. We got this property under contract with seller financing almost 2 years ago. Placed renter in there. Right now going through refinancing mortga...
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Hi all;
I am looking to do some wholesale deals with simultaneous closings. I remember hearing an investor mention doing it this way:
write up a p&s contract with the seller with your name and the buyer's nam...
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Recently, another investor that I have done tons of business with over the years called me because he came across a house that he knew I would like. Up and coming neighborhood that I knew really well, multi family th...
Hello,Okay so I'm just starting out as an investor. I am a agent the Phx area. but new to the investing side i got a couple questions. I have a deal I'm looking to get into. its 4 unit multi family. monthly rents 230...
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Hi BP Community,
My friend is running into what I see as legal issues. The situation is as follows:
She purchased a property as a primary residence and took out a conventional 30 year loan for mortgage on it. There'...