Has anyone ever seen such a clause in a contract(approval letter with terms) for a hardship based Short Pay, or even for a Short Sale?)"Dear Customer(s):Select Portfolio Servicing, Inc. (SPS), the mortgage servicer on...

Hi all,

Firstly, I would like to ask if anyone has a good real estate attorney reference in California?

Second, can someone help me understand costs around forming an LLC out of state while I live in California. I k...

Hello,I've done a few deals as a private investor, lending money out to buddies who are doing fix and flips and buy and holds. My money is lent to them to acquire the property and for construction costs. Things have g...

I made an offer on a foreclosure (REO) property in my area.  The company handling the foreclosure for the bank accepted my offer 3 months ago and informed us that the bank would take about 4 months to close the deal. ...

I've been researching ways to find legit connections that will lead to REO listings. I am willing to do BPO's to start out, however, I cant seem to find info on those either. Contacted the HUD asset manager for my are...

How would one go about purchasing a home that is in pre foreclosure? We've all seen the homes that seem to be vacant with the white papers stuck to the windows or doors. Sometimes I see homes that have these notices s...

Can Seller Financing Benefit the SELLER?
Most “Gurus”, authors, advisors and experienced real estate investors preach obtaining seller “carry back” financing for property buyers in order to (1) obtain financing when ...

I'm learning that a thread must intrigue it's readers in order to get a response, but let's face it, some threads are just down right boring, but sometimes just a lil bit of advice can mean the world to a newbie.

Hey all. So I'm going through the process in picking the right brokerage for me. Before you jump on me to check the megathread, I think my question is a little more detailed than I've researched.
Yesterday, I was abl...

I have a rental property with the following situation:-$155K of passive carryover losses-$100K of depreciation taken-$700K adjusted cost basis (purchase price less depreciation)- $775K net sale (selling price less rea...