Hey BP!I just wanted to jump on here to gather some data and do some recon. I know I need to be careful with how I even go about posting this, so I want to be perfectly clear that I'm not trying to directly recruit or...
looking into a property on short sale that is tenant occupied in New York? What happens to the tenants after the sale?
Hello All -I've run out of ideas on how to pursue the following 'stale' short sale in my neighborhood after hitting numerous dead ends, and thought I would see if any of you had experience/insights from other experien...
I was told today that Bank of America is not accepting offers that use private or hard money loans. They will only approve loans that have a cash buyer or use traditional lenders. Has anyone else seen this yet?
Hello All, I'm reading through J Scott's book and he mentions acquiring properties by short sale. However, he also says the banks will accept as little as 80% of the appraisal price often times. Assuming you found a ...
Hi everyone!I'm still a newbie investor, but my fiancée and I found this nice home in Seattle (or actually, Renton) that's that we could live in for a little while and then sell in a few years. It is, however, a shor...
Hello Everyone!I have another question. I have cash buyers looking for turnkey properties that will will have no more than $3000 worth of work to be done. I am a licensed real estate agent. I need to know how to se...
So, I just heard back from a listing agent that my offer has been accepted by the seller for a Short Sale. This will be my first purchase and wanted to ask if there is anything I should be aware of?I know it a long t...
I have been looking into short sales and I have one main question. What are the main reason people don't go after short sales if it means purchasing a home at a discount(sometimes at a deep discount) that these days a...
Hi All,We are under contract to purchase a 2-unit home in Chittenden County. Our initial plan will be to rent the upstairs unit to longterm renters and to rent the bottom unit as an Airbnb. The upstairs tenants have...