I have a lead on a 4-plex in San Diego that is scheduled to be foreclosed in about a month.  The property is worth around $900k per comps but $1.1M is owed on the loan.  The loan is assumable.  All units are 2 bd/2ba....

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Pontiac.

Purchase price: $22,000

Cash invested: $30,000

My first investment property was a duplex.

How did you f...

The demographics certainly have changed for me. The areas I have worked in the past are not selling. Mainly because of more stringent financing requirements. Fortunately, I am not holding anything right now that is no...

So lets be honest, majority of houses that are sold on real estate websites, are either overpriced or just simply not worth their value. am curious is it bad to constantly low ball on prices for houses? For example, I...

The other day I was in the attorney's office to begin "Trustee's Sale" action on some deadbeats (for details see my thread "Not Always A Bed Of Roses"). While discussing how I had structured the original deal he asked...

Hey All,We are investors in Houston and just have a quick question about HUD Foreclosures. Our realtor said that with these properties they wont even look at any offer that is less than asking price? Is that true? Is ...

Hi,Just had one question.  What happens if I find a willing seller to wholesale their house for say $10,000 but there is a balance still owed to the mortgage company for $20,000 what happens?  Does my offer have to eq...

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Hello BP nation Anyone been in a deal with a upside down house with two mortgages the first wanted to foreclosure but the second didn’t want to and tax lien on the property? If anyone has done anything like this Pleas...