Check out the lender's email response that we received to one of our short sale offers.

"[i]Mr. Granquist

This BPO opinion for a quick sale on this property is $148,000 to sell "as is" within 30 days. The total of...

Previous owner of a 1960 duplex rental paid heating for tenants. House has oil heat with oil tank in one of the basements. Furnace is cast iron and has estimated 10 years left and chimney liner has been replaced. Oil ...

I'm searching my first potential REO deal and have 2 questions--hope you guys can help me.
1. What is the best strategy for finding a reputable rehabber to provide quotes when I am scouting properties? Do they usually...

I'm currently reading the book "FLIP: How to Find, Fix and Sell Houses for Profit" by Rick Villani and Clay Davis.

They have a formula that they use to determine their maximum offer.

Here it is: After Repair Valu...

Hey everyone,I'm looking to do a HELOC on a few of my rental properties in Memphis, TN and some of the banks I've talked to require the homes to appraise for $50K +.  My properties are in Frayser and are all 3 bed 1.5...

Hi there! I have someone that won a bid on a property in Chicago, IL (Cook County) on Auction.com and is currently going through the closing process. The Purchase Agreement provided by Auction.com (which is not the st...

I came across a SIGNIFICANT value add/equity opportunity in Orange. House is located just north of Chapman University with three beds and two baths. House hasn't been updated in quite some time and has a value of $630...

Looking to BRRRR. Seller claims $150,000-$170,000 in total rehab. I used $190,000 in total rehab costs to be conservative. Conservative monthly income of $1200 for rent. Used 12% HML.  Please help me understand this b...

As a newbie, I just want to post an update on my progress.My husband and I closed on our first home in Port Angeles, Washington, SIGHT UNSEEN!Purchase price $170,000, 10% down as a second home loan (no one would finan...

I am looking at a quad(2 on top 2 on bottom) which is in a very good location and put an offer on the property. Upon the inspection there seems to be an active leak in the upstairs bathroom for quite sometime now whic...