Doug Ruddle
Hoa fee liens?
The below auction sold property was a condo that had a lien from the condo assoc. of $8,456 there was a lis pendens filed on 5-1-12 by Fifth Third Bank. The property is worth around 70,000. I have no numbers on the mo...
Tehseen Baweja
2nd Lien Non Performing Notes and Bankruptcy
As I educate myself on Notes, I would love to know what are some of the strategies and due diligence requirements when looking at 2nd Lien NPN and chapter 7.Here is an example:Sale Price: $8kUPB: $100KProperty Value: ...
Aaron Mazzrillo
Rehab & flip, Sell to Tenant, Hold as Rental... What would you do???
I'm really in an investing conundrum here...About 2 months ago I bought a house, well, manufactured home. Please read the details of that deal here. (It's the second deal.) This isn't a shameless plug for my site, I j...
Dee Cee
Door Knocking Safety
Hi All,The recent tragedy of the realtor that was killed while showing a home serves as an unfortunate reminder of the potential risks posed by door knocking. I never go alone; I usually take my sister. Even though...
John Thedford
Private Or HML--What Could Go Wrong-And How To Qualify A Borrower
Hello all:I posted a couple weeks back about a recent HML I completed. There were several replies that I really enjoyed and I got different points of views, etc. One poster stated something to the effect "don't mistak...
Kush Khandelwal
Builder (LGI Homes) will not refund $5000 security deposit
I was in contract to buy a SFR property in Charlotte, North Carolina and had paid a $5K earnest money deposit. This was back in February 2021. Now sometime in June, I heard from their agent that the SFR was nearing co...
David Howlett
Rules pertaining to REOs
I am following one piece of property in particular. Did some negotiating while it was in short sale but nothing came of it. Now the bank owns it outright, has it listed on MLS and there is a real estate agent assigned...
Brad S.
anyone with sacramento courthouse auction experience please share
Howdy!Wondering if anyone been to sac courthouse sale to bid on a foreclosure auction, I am interested in a property going on sale in my neighborhood, looking to learn from your experience, in particular how to determ...
Dav Horn
Foreclosure auction - worth bidding with many liens & inhabitants
I am looking to dip my toe in the foreclosure market for the first time, and would like some help to clarify the many (sometime conflicting) inputs on the status of liens associated with a foreclosed property being so...
Ben Sternberg
Process of finding foreclosed properties
Hey BP Community! I'd like to learn more about the general foreclosure process. I am a new investor and have found the market that I would like to invest in. Like most of us, I am looking for someones problem and hopi...