Paul Jozwiak
Loan options for non livable condition
I'm looking to purchase a multi-unit investment property. Back story is female purchased with expectations that her bf would renovate it and they'd live in one unit and rent out the other. Well they made it through ...
Lynne Hart
Auction Property with flooded, in accessible basement...
Considering a first property off auction (pre-1900 duplex in STL City, typical foundation style). Unable to see basement due to 4-5 inches of clean clear (seemingly standing, or slow/low leak underwater) that was in ...
Dan Kaen
Help with a preforeclosure opportunity
Investor community - I've been deal hunting for several months now so far have come up empty, several offers in on properties found on the MLS with no luck. I have an opportunity to buy a house from an acquaintance. ...
Jeremy Vohwinkle
What lenders are REALLY doing HARP refis?
I stress really because even though HARP 2.0 is supposed to help with underwater or high LTV ratios, investment properties, and all of that, in my experience every lender has so many in-house restrictions that it's vi...
Ardin Cychosz
Seller is willing to use creative financing to structure a deal with me?
Hello,Seller is willing to use creative financing to structure a deal with me. We are currently looking at three types: contract for deed, seller finance, subject to.The hurdle is, we both have no experience with spec...
Derek L Deleon
Obtaining Pre for-closure list
Hello all,
I am a new real estate investor just starting out and am trying to get my feet wet by possibly wholesaling a pre foreclosure deal. When I called my local court house here in San Antonio and asked if and ho...
William D.
Any impropriety in this situation?
Here is the scenario:
Person A is a divorcee who is underwater on her primary residence. It is a national lender who services the loan and she wants to list the property with a broker. She wants to short sell the pro...
Jonathan M.
Ideas for a MFR restructuring?
Hi -
Looking for some ideas on structuring a MFR workout situation. Basically, the current owner is underwater and will take a haircut but is not willing to walk away completely.
My group recently complete a reno...
Troy Davis
Should I Sale or Rent My House
Hello,
I hope this is the right forum for this question. If not I apologize and redirect me to the right location. I have a home that I'm not sure whether to sell or rent. The home is 2800 sqf w/ 4 br and a bonus. Th...
Joe Farrance
Foreclosure property questions
Hello Today I looked at my very first foreclosure property and to my surprise it was worse than I expected. The roof structure was caving in, the dormer was not put in right and showed signs of leaking, floors where v...