Chris Brandon
What to ask for more information
Hello,I'm new and just starting out. I live in Fargo, ND so I'm just looking around to analyze some deals to get feel for things. I've seen a few mult-family on MLS where is lists the place and will say that it's 4 ...
Steve Hodgdon
The deceased borrower and the daughter who kept the house
Once upon a time there was a borrower who took ill and gave his daughter power of attorney. Before he passed away he deeded the house to his daughter. Apparently, since the house belonged to the daughter, it was a no ...
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REO listings
That is good that your market is still strong-we have topped out here! What are bandit signs?? That is a great idea to give my lender....except probably next to nothing is under valued YET.....Thanks for the site in...
Jonathan Polanski
purchasing a quad plex
So I'm in the process of purchasing a quadplex in South Florida, I put in an offer 5k more than asking because buyers are really aggressive here I lost out on a few good deals here to other investors so I wanted to ge...
Account Closed
Market Is CRASHING . . . For Opendoor-Losing on 42% Of All Trans
Oh well, markets come & markets go_________________________________________________________________________________________________________________Home Robo-Flipper Opendoor "In Danger Zone" After Losing Money On ...
Eric Fernando
Bank owned REO - need help
I am looking to buy a bank owned property. Per the foreclosure records the bank foreclosed on the property as it had an outstanding mortgage of $186k. The bank has now put the proper on the market for $265K. There is ...
Nick Brown
Mortgage company pulled a switcharoo
I got a contract on my first rental property two weeks ago. Duplex. I intend to live on one side and rent other side out. I was pre-approved by a mortgage company. Everything was going fine after it was under contrac...
Nate Wilson
5-Condos Deal Analysis. What Would you do?
I found an investor who is looking to get out of the business and wants to sell 5 condos. He wants $425,000 for the 5 and generate $5570 income. 2 of them the rent could increase a little $50 each. They are all rented...
Steve Rooney
HOA unwritten rule enforceable?
We painted our home Alabaster. Looks amazing. The ARC review fined us for painting first before the review. That is ok. However...
When they came out, they denied us because: "No white body paint color is approved no...
Michael Myers
Bookkeeping for Master Lease Option
Hey guys, interesting situation here. We just got some properties under a master lease option. We paid the lease option down payment and are taking over operation. We structured the contract in such that we realize th...