I am wondering how it might be possible to purchase a non-performing note directly from a lender, in this case it's Chase Bank.  I know for a fact that the borrower will never make payments.  Total balance is about 17...

I wanted to share a recent experience. I recently received a letter from one of my lenders (Flagstar bank) calling out a deed transfer I made around 2-3 years ago. I transferred a deed via quitclaim from my name into ...

Hi,I would like to start off by congratulating the founders and members of BP. To think about building a community to connect people with interests Real Estate is a good idea on paper. To actually build such a communi...

Duplex @ $395/mo. each side.; small ranch @ $375/mo.; another small ranch @ $450/mo. All currently occupied. Tenants pay all utilities - except duplex gas which is paid by LL (approx. $2K per year). Taxes = $2,000.Tha...

I'm looking to purchase rental properties, and I recently spoke with a family member who told me that traditional financing for non-owner occupied properties is very difficult in my area (NW Indiana). If you are able ...

I am curious what others are doing with this service.  Starting in Feb, the search feature is going away and they are forcing people on to CoStar.  I am a broker, but seriously considering just dropping it all togethe...

Quick background check... I'm a licensed contractor, commercial realtor, and I'm an import broker. I have turned and rehabbed over 3,000 units for other companies which I imported millions of dollars of products for t...

I've got a property that is listed with a traditional full service broker. I'd like to terminate the listing with the broker and relist with a flat fee broker. If I am reading this contract correctly, it doesn't say...

Good Morning,I am interested in buying 1 of 3 properties.  I don't currently have a realtor, and have a few questions.1. Since I basically have done alot of the research on my own, how do you go about negotiating with...

Hello BP,
We are trying to work with Chase Bank on a short sale. The existing mortgage is around $80,000 and we offered $25,000. We sent a preliminary letter of disclosure for potential short sale and are waiting to h...