Michael Franklin
Financing my first duplex
Greetings, all.I just went under contract on my first duplex and I could use some input in regards to the financing options I'm considering for the deal. This will be a non owner occupied investment property.When call...
Andrew Massaro
assistance with sub2 deal
I have a student with a sub2 deal all but closed. However, we cannot find a title company to process it. The two I use both refused. His local title company has no clue what to do with this type of transaction.
...
Ray Eason
Wholesale Buying Strategy: Owner Wants More Than Property Worth
Hello and good afternoon everyone.I'm in California and have a seller who wants a bit more for their property than it's seemingly worth.The proper is worth $67,512 the seller wants $90,000, and has a loan of $20,000 o...
Yvette B.
Basic, BASIC questions for REO investing
Hi there,
I've read all about what types of offers to make to banks for REOs, but I have questions on the most basic aspects of the offers:
1. HOW do you make an offer specifically? Do you call the listing agent an...
Matt Hudson
Seller Financing - Got one on the hook!
Last week I received a call from a mailer. The gentleman asked me abruptly, "How much will you buy my house for?!". Before I could reply he proceeded to berate me and call me a "f*#$%ing vulture". Fast forward to toda...
Ryan Florida
Is it beneficial to become a real estate agent before becoming an investor?
I am at a position right now where I have the time, energy, and motivation to get my real estate license, but is it truly worth it? I would like to start investing as soon as possible. From the bit of research I di...
Karen Thomas
Meeting about a 24-plex, 100% owner financed. thoughts?
Hello friends,So I took a chance and mailed out 2(yes, only 2) letters to two different apartment complex owners. I had some free time and used the google machine to find their home addresses. Three days after mail...
Josh McGuire
Question - First FHA in IN, Moved to CA, Second FHA Possible?
Fellow BP Colleagues,I have owned one SFR in Indianapolis, IN for roughly 6 years. I purchased via FHA but moved to Los Angeles, CA roughly three years later. Since then I have been renting out that property to some g...
Sachin H.
Power of Attorney to Realtor to buy on my behalf
Hi Guys,I'm buying my first investment property in Atlanta and the lender wants me to either give power of attorney to someone or be there in person. I'm thinking of giving limited power of attorney (Only to buy on m...
Malcolm Kruger
Starting a Conversation with Pre-Foreclosure Owners
I have been targeting off market deals and one of the lists I target is pre-foreclosure due to the motivation level. However, there has been a lot of push back from these owners as they either dodge calls or get conta...