Larry Pruitt
Commercial Loan Assumptions
Hey guys,I am a realtor in NYC and have a well back client looking to purchase distressed commercial properties. The client cup of tea is loan assumptions with value add. A partner just found a way for more off market...
Johnny Brown
Subject to
So i understand the basic of a subject to. My question is how to find those homes? Can you make a subject to happen if the house is already on the market? Can you do this on foreclosure? This might sound dumb to th...
Stefanie Perron
Check-letter to foreclosure listings
BP-ers, We are doing a 7-touch mailing campaign to people in pre-foreclosure. For one of the mailings, I purchased check paper (with a perforated check at the top and white space below) and window envelopes. The "pa...
Roc P.
Direct Mail and upside down properties
Hello everyone, what parameters on list source would you use to target upside down properties. Are looking for something with 5-10% equity? Thanks Rocco
Robert Pierce
Orlando PM Fee's
Purchasing a new primary and turning my current house into a rental and looking to hire a PM but some of the fee's seem high. 1 quote - 100% 1st/month rent if i self-manager, or 75% 1st/mo rent and 10%/mo for PM to ma...
Kris Kempe
Any creative solutions
Hey BP fam,
I have a property that desperately needs a way out,
The property has been on the market for a little bit, sellers just recently bought the property so they don’t have much equity. immediately I thought,...
Nicole Clemens
Need advice on exit strategy
Hi guys, Thank you so much in advance for anyone who takes the time to read and respond!In 2009, without knowing anything at all about real estate, I bought my first investment property with a partner (a good friend) ...
Amber Patterson
Flooding Driveway, Our Issue or Theirs?
Hey, and thanks for reading!We have a rental property in the middle of 30 acres in Indiana. The gravel driveway to the property is probably between a quarter mile and half mile (really long). Recently we've had tons o...
John N.
Affects of a CAT 5 Hurricane on the rental market
I live in Panama City, Florida. Last year we had a Cat 5 hurricane that basically turned everything upside down in our RE market. An interesting fact came out recently. The Panama City\Bay County area has the exact...
Patrick Quiroz
What are my options?
I have a homeowner in Northwest Dallas who owes $132K but the comps are around $109K. I know I can not make a cash offer so what are my options? I have been told by a cash buyer that taking over payments is illegal. ...