Patrick Frueh
Halfway House Arbitrage?
Howdy Bigger Pockets Folks,
I'm exploring a form of arbitrage with a potential tenant who is looking to provide halfway/bridge housing to the formerly homeless. They take single tenants who have been approved for ...
Account Closed
How do Short Sales, Foreclosures and REO's Work
Need an explanation on how Short Sales, Foreclosures and REO's are used by banks. What is the best way to buy properties in these situations?
Jason Salzman
Question RE: sales agreement contigency
I'm in the process of writing a counter offer for a sales agreement that was presented to me yesterday.
The way things are written now, the sale is contingent upon the buyers ability to sell their current home.
...
Sean F.
Short sale strategy
Hello fellow BP'ers,
I'm looking for some guidance and advice on a short sale opportunity that was presented to me.
My parents next door neighbor approached me recently that he will be listing his property within t...
Kendall Vrana
Section 8 Housing: Yea, nay, or neutral?
Good morning, BP community! As always a huge thank you to everyone who has spoken up to help us in the past. This is such a great, overwhelming experience, and the support and knowledge of this community has been incr...
Tom Mack
Problems buying a Countrywide Foreclosure!
I have been in the process of buying a Countrywide foreclosure for 3 months now. I had a survey done and it revealed that the prior owners didn't deed back all of the property to Countrywide. I was told that it app...
Carlos Enriquez
Seller lied about rent collected
Outlined for brevity.Recently bought a duplex. My first multi family investment transaction.Realtor used Form 21 Residential Real Estate Purchase and Sale Agreement.No clauses for requesting the pertinent financials ...
Kevin Page
Should property managers be required to have a license?
First I just want to say that I am new to Bigger Pockets and I am meeting new people and learning even after 30 years in real estate. Thanks to all. I think this is a great site. Now on to my post.I am reading posts w...
Jay Hinrichs
Wholesaling assignments and double closes are now illegal in South Carolina
OK folks I have real world experience at this. This morning I went to wire in funds for my clients to buy a property in SC.And because it was an assignment contract to ME as the buyer.. I got a call from title compan...
Derek W.
Unrecorded deed of trust brainstorm
I have a lead from an attorney who wants to sell clients property to pay for Att fees. Property has an unrecorded deed of trust (seller carry) according to seller. Title shows free and clear. Nothing was recorded to ...