Stephanie Cabral
Preforeclosure, owes what home is worth but very delinquent
Hi all! Looking for advice on how to work with a homeowner who is about 2 yrs in arrears. House is worth $250k, her loan is just about that but she's $54k in arrears. Her monthly payment is $1300. House is a 4/2 in a ...
Chris Martin
With inflated prices, are LTR investor selling straight options?
I received a letter yesterday that said this:This letter is to inform you our client is interested in purchasing your property at [redacted]. We recently represented a cash buyer who purchased a home in your subdivisi...
Omar Johnson
Lease Options: A Great Way To Make Money In Real Estate
For all of you aspiring real estate entrepreneurs and investors who want to make money in the real estate game Lease Options and Options are great way to accomplish this with little money or no credit. Let's examine t...
Thanh Nguyen
How to find buyers!
Hi Guys.
How are you doing? I have a question. I went to a lot of rental houses where the sellers want to sell it at discount. But I dont know if it is a good deal.
For example: The house for sale for 145K firm, tena...
Kelvin Letron Brantley
Shortsale House that's Upside Down
Is it possible to short sell a house where the owners are current on their mortgage but the house is worth less than what is owed?Would lease/option and subject to be the only strategies available for a property such ...
Abad Marroquin
How would you structure this deal?
Hello BP community. I need a little help structuring a deal with an investor. I found a deal. It's a multifamily property that has potential to increase rent of $150/unit with minimal improvement. 13 Units. I am buyin...
David Fischer
Hard Money Lenders Brrrr
I’ve been analyzing a few different properties and am looking to buy my first rental using the BRRRR strategy.. I am currently waiting to hear back from the bank to see what I qualify for, but since I will have a low ...
Joseph Hernandez
Max Purchase Price for Pre-Foreclosed Property
Hello. A little birdy told me to stay away from targeting expensive properties in pre-foreclosure stage. The reason given is because these borrowers have other options that don't include selling their property to inve...
Wade Cecil
What would you do? HELOC, sell, or other??
Hey everyone!
I want to purchase one or two STR’s as soon as possible (Possibly in Sevierville, Pigeon Forge, Gatlinburg areas). I’ve researched the area and have a good understanding of the overall market.
I have 4...
Andriy Likhman
Financing First Rental Property!
I'm looking to buy my first rental property in Columbus, OH, and ideally, do a BRRRR on it. But here is where my push back came in. Lenders want to see a good and steady income for the past 2 years, and I've been a bu...