Account Closed
Bottomed Out?
I'm starting to hear from various places, all over the country, that property is starting to sell again.
I suspect that means that the banks are once again lending to qualified borrowers. We may never see sub-prime ...
Chloe Bowman
Auction.com??
Anyone ever purchase or even bid on properties on Auction.com? If they don't sell on there to do they go to MLS? Do all properties have a reserve? What tools do you use to determine potential property value with re...
Baraa Yassin
Do I need a Deed or POA
Hi BP, I found a property thats supposed to be foreclosed on next month due to behind taxes...I reached out to the owners basically the owner is deceased and didnt leave a will no wife or kids...only a brother and a s...
Dillon Cook
Before you think of selling your rental property...
I work out of a Property Management firm in Tampa. I help quite a few investors sell their rental properties when they are ready to offload. I also help quite a few new and experienced investors purchase rental prop...
Hoi L.
How to tell seller I cannot work with/rely on her listing agent?
Background:Multi-family large single home in B-/C+ neighborhood with decent school district that has 5 under-rented units (~10-15% under market). Listed for sale outside Philadelphia suburbs for $325k (with rent roll...
Dan N.
Bank calling a loan due if I transfer to LLC and if interest rates rise
Today in episode 777, David said something very interesting (and frightening) about transferring a property that has a mortgage to an LLC.He said that if interest rates rise, banks can use certain clauses in the mortg...
Deniz Cengiz
is this a new strategy ??
Hello BP community, I have an idea that may sound for some pretty idiotic / risky / not worth it etc,.. So, I would like to share with you all , hoping experienced or not, everyone comments on this.. Open to all ...
Ryan F.
Reverse 1031 exchange and mortgages
I am doing a reverse 1031 exchange. I have already purchased the replacement property, and it is in the name of the qualified intermediary. Purchase price was 105k. It has a private mortgage on it of 100k. Mortgage i...
Philip Traynor
First Deal: Location vs. Condition
Hello All, I have been reading on here for a while and can't thank you all enough for everything I have learned. I am about to jump into purchasing tax deeds and was hoping I could get some experienced opinions on tw...
Samantha Lanphere
Appraisal Woes
I had 2 bad appraisals in 1 week.
I was able to have 1 of the rehabs appraisal adjusted.
The other rehab, still working on the appraiser. The contract price is $100k, the VA appraisal came in at 94k.
There have been...