Ok, I have a possible flip but do not know how to evaluate what to offer to pay for the house? What is the payoff on the reverse mortgage taken in 2014 in the amount of $112,500.00. The present ARV of the house is 140...

I'll try to be as detailed as possible here, with approximate numbers. My co-worker had a death in the family, and in turn, inherited a house. The house is still owned by the bank, and it is still mortgaged for about ...

Alright BP, I could really use some knowledge here or other eyes to determine if this is a worthy deal to put time into. I have recently been studying on lease option sandwhich deals and I think there is some value th...

I have a question around a house I am trying to buy on an assumable mortgage. The homeowner owes 360k on the house at a 2.7% interest rate. They have it listed on the mls for 400k. They also are behind 9k in arrears r...

My real estate mentor was diagnosed with a form of Leukemia in 2012. He passed away on 9/11 at the age of 60. He had approximately 30 units in 2010. Slowly he fell behind on payments, and eventually stopped paying all...

An off-market deal fell into my lap for a condo in DFW area. I know the seller and this is last of his rental properties. His ask is very reasonable and ~20% below market (basically wants his outstanding mortgage and ...

I have a town home rental in the northwest suburbs of Chicago. Last night there was a violent storm and my basement window caved in, and violent rain crashed the windows and did considerable damage to the basement.

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I read the following article tonight:

Strategic Default or Efficient Breach?

that speaks about the supposed "moral obligation" to continue making payments on an underwater mortgage. The article generally jives wi...

Hi i was wondering everyone’s experience with sites like foreclosure and auction.com. Any advice is appreciated. Thank you.

Hello community! So I am looking for advice about 2 rental properties I have. I have bought both for about $185k back in 2007 (Didn't know much about Real Estate back then). Both of which are worth about $145k mark...