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Hey guys,
Here is my situation. A couple months ago I purchased a SFH for 57.5k, put 6k into rehab with a loan of 50k. It will probably appraise for 85-90k, so at 75% LTV it will come out to about 64k lo...
I just learned of two properties where the borrower went into foreclosure and it was then learned he had 4 loans against each property. The 2nd, 3rd and 4th loans were told not to record and none of them had title rep...
I haven't seen it in the several markets I buy in, but then, this is supposedly a leading indicator. That looks like a "Thud" (loud noise follows) to me.
"Explosive Inflation Leads To Record Collapse In Home, Car P...
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https://www.azcentral.com/story/money/real-estate/catherine-reagor/2018/05/26/metro-phoenix-home-sale-prices-rebound-2006-record-recession/634028002/“Could June be the month metro Phoenix home prices rebound to the re...
I my name is Donny Smith. I'm in the Detroit, MI market. I and my wife are newbie investors for about a year. Our focus has been on wholesaling. We have sent Direct Mail yellow letters. Have gotten a couple of nibbes,...
General Question: If I am hiring a Property Manager(PM) to market a property, and locating and screen tenants under a 'Leasing Only' PM agreement, is there any expectation that the PM will pass own the tenant's applic...
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Good day BP community,Since I’ve become a member of BP I often scroll the forums and see some of the same Real Estate Rockstars answering questions or providing guidance and opinions. Some replies are brief, others le...
I had a very unfortunate event in which I received an IRS Tax lien a few weeks ago. I am appealing the lien because I did not receive the warnings in the mail. However, it was filed in November. I promptly paid off th...
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We purchase 5-7 REO's each month, and I have always had this question...
On at least 80% of the deals we do, the bank has not recorded the deed or CT, and they do not until right before closing. While it does not aff...
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I'm trying to filter down a list of tax record-based data (currently for properties in Snohomish County, WA) for a direct mail marketing campaign, targeting absentee owners with motivation and no mortgage.One field in...