Now that I got your attention, let's talk about Short Sales and whether/when they are a good fit.First, some context:A Short Sale is when the NET proceeds from a Real Estate SALE will fall not cover the DEBTS secured...

I'm a former banking lawyer, and former lawyer for the FDIC closed-bank division. I can tell you, from the inside, how banks evaluate short sale offers. Since then, I've successfully negotiated many short sales to buy...

Hello BP,So this here is a bit of a complicated question so I thought the best thing to do was to bring it to the forum... Little bit of a back story is in order I think. I operate a brick and mortar business which wa...

My wife and I are under contract on a duplex in the rapidly developing* east side of Austin, TX.We made a $471,000 offer and are approved for a 3.5% The current rent for the front and back units are $1,450 and $1,535 ...

Hey guys, Canadian potential investor here.
I am curious on opinions on buying cheaper sfh, condos or townhomes in the 50-80k USD range. Been on roofstock checking places out and different realtor sites as well. Two ...

HI All,
State: New Jersey
Quick question. I have 4 identical units of property where all the units need a little work to be on top. 3 units are occupied and 2 of them are paying way below market rent. They are curre...

I am wondering what is a typical budget for a live-in flip. I am planning on buying a primary residence that I can get as a decent fixer-upper. It can be move-in ready and could use some TLC to increase the value of t...

We currently have a pick-a-payment ARM. We're not behind in the payments, but are paying the minimum pymt, resulting in about $1k/mo being tacked onto our outstanding loan amount each month in deferred interest.
Our ...

My stellar tenant of two years plans on renewing his lease this month. He called me today to ask if he could pay a full year’s rent in advance for a ten percent discount. I told him I’d have to think about it and get ...

I asked a realtor to present my offer to the seller on a short sale property he has listed, but he refused he said he won’t submit an offer for less than the asking price. The property has been listed for almost a y...