Geoffrey Paugam
Pre Foreclosure HELP
So there is a property that goes into foreclosure (auction) May 29th. I have talked to the owner and we came up with a solid price (including debt) Is there a way to get the bank to extend past the 29th or is it just ...
Kyle J.
Anybody attend the Sacramento tax sale auction today?
Just curious if anybody else attended the Sacramento County tax sale auction today?Almost every property I was interest in - and planned to bid on - ended up being redeemed and removed from the auction list on the las...
Aaron Litzenberg
Initial Partnership Funding
Hello, BP!My partner and I are researching and putting together plans to become REIs. I think our plan will be to start by doing a couple of flips to build capital and then incorporate rentals to build wealth.Our ini...
Jennifer Umbaugh
Get Real estate license or not?
I am trying to decide whether or not it makes sense to spend the time money and effort to obtain and maintain a real estate brokers license. I only plan to flip three or four houses a year. I understand about all th...
Jacob Forbis
Foreclosure with a bit of equity
Got a phone call from a direct mail piece about a property in foreclosure. Apparently the sale date for the foreclosure is set for Feb 7 and there is a lien from the HOA on the property for 3k.I estimate the property ...
Nyla Smith
Open houses legal while tenant still lives there?
My husband and I have just bought our first rental property. We've decided to get rid of the basement tenant for various reasons, i.e. the previous owner said she was consistently late with rent, she's hostile to work...
Deren Huang
Tulsa County Sheriff's Auction 6/14
I've compiled the list from the website. If you want any help with comps feel free to contact me.Bidding starts at 2/3 of the appraised price point. More information copy-pasted at the bottom. Address6912 Silve...
Zack Karp
The Truth About Lending: Part 2
Hello BP family,Thanks to those of you who took time to read my first topic, The Truth About Lending: Part 1, if not here’s a link to it. http://www.biggerpockets.com/forums/49/topics/210233-the-truth-about-lending-p...
Karen Adams
Tired landlord wants out... of 32 homes! How to talk to the bank?
We found a tired landlord with 32 individual rent houses around town. Some are multi-family, many are section-8, most are currently rented and CASH FLOWING (plus EQUITY from our discounted price)! Each has its own com...
Joe Henry
Unusual situation - need help selling a property back to the bank
I'll make a long story as short as possible:> House built in 2008, first owners used husbands VA loan to secure (220k loan), stopped paying HOA and bank shortly thereafter (current payoff 500k+). SCRA protections p...