Mike Mitchell
how would you structure this deal
2 family house-Seller owes 15k, with 2 years left on his mortgage. -PITI=1500-both units bring in 1100 each. Tenants have been living there for 20 years and 6 years.-Owner is motivated and wants 280k. but property is ...
Mike S.
Intro and subject 2 advice
Hello all, I've been lurking here for a while and absorbing a lot of knoledge, what a great resource with a bunch of great people. I have a possible sub-2 deal that I might pull the trigger on but it has a couple of i...
Jonathan Sowinski
Does B of A accept Sale Option Contracts for Short Sales?
I have located a potential short sale seller (NY State) who’s mtg is with Bank of America.
I am still in the "discovery/due diligence" period so do not know all the details and whether it will be worth going after ...
Kamyar Farhang
Is this a deal or a dud?
I found a distressed property with the following information:
AVR $400 KLines $40 KMortgage balance is $285 KRepair estimates $50 KAsking price $340 K2360 SF6 beds 3 bathOkay neighborhoodOwner motivated, filed for BK...
Greg Gallucci
Wholesaling MLS listings
Does anyone have expierence wholesaling short sales on the MLS? I need some information on how such a deal would work.
Geoffrey B Suasnavas
Need guidance what would you do?
Hello all, To keep the story short and sweet my parents left my brother and I a SFH it's mortgage free and now we are trying to fix it up to rent out. We have bad credit, so we are in need of guidance as to how w...
Account Closed
How To Make $2 Million in Real Estate in 2 years in the Bay Area
My partner and I went out to lunch with one of our agents who sold us 2 buildings last year. He asked how much do we cash-flow on the buildings? We looked at each other and said we didn't know. You've gotta be kiddi...
Mike Jones
(Advice) Starter home for my mom with 17k?
I know that isn't a lot of money, but I'm not looking for a mansion.I'm 22, and I've been working dead end jobs since I was 18 to take care of my mom and younger sibling. In that time I've managed to save 17k, and I t...
Jeffery Waicak
Don't be a jerk
I was talking the other day to a friend of mine who still works where I used to. He hates how he's treated by management, but he loves how he's paid. I felt the same way, I left because of the treatment. I asked him...
Adam Taveras
How to go about purchasing a home with a $150K IRS Lien?
I spoke to the owner of an abandoned house and she is very motivated to sell.I am prepared to make her an offer however she informed me if an 150K tax lien from the IRS. My question is:Is there a way to get that remov...