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Hello all,
A couple of days ago I saw a 2nd position note offered for sale with the following parameters:
Property FMV: $178000
Property location: Illinois
1st mortgage balance: $138000
2nd mortga...
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I made a $60K offer on a property listed for $78K. The listing broker refused to send the contract to the seller. When I had my agent insist that the offer be forwarded the listing broker forwarded but only after ...
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So my brother @Eli Garcia and I are working together on increasing note holdings between the 2 of us. 2 heads are better than 1 kind of thing. Any who, he bought one that's in Detroit, MI that was in foreclosure and...
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Hello BP !!! this might be a bit long but please read along and help out a fellow newbie investor. I am in the process of obtaining my first flip deal. The seller's realtor has been in the business for 20+ years, ther...
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Hi guys, I recently went to buy a rental property and after inspections were done the house only had a 60amp panel which means I can not get homeowners insurance for it. Since I can’t get homeowners insurance I can’t ...
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Hey everyone!
I’m currently in a really tough position just looking for any advice I can get. I’m 19 years old and currently studying structural engineering in my 2nd year. I hate university. I had this idea that un...
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Hi folks!My name is Gorden and I have just started my real estate investment journey with an out of state buy and hold rental property and planning to buy some more in the near future. Closing the first deal has been ...
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Just came across this deal yesterday. The house is worth about 120K, still owes 116K, and has 29 yrs left on mortgage. Monthly PITI is around $850, can be rented for $950. As you can see, it's a low equity, low cash ...
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Hey BP,Some of you may recall my rant about legal structures and advice from pros in a post a few weeks ago. After reading all the constructive, helpful comments and processing the frustration of working through every...
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Hello BP Community-I'm a new user and future Real Estate Investor in Central FL. I was wondering if anyone from my area would be able to share a Wholesaling Contract template with me that includes a "walk away" clause...