William Dorough
Information on Pre-Foreclosure Auctions
Hi all,I was wondering if you guys have any suggested resource to learn about pre-foreclosure auctions.I can find the auction properties, time, and location of the auction, yet I am missing important financial informa...
Jesse Schenk
What should we offer GMAC?
So here's the facts...
The house failed to sale at the trustee's auction on November 20th of last year. At that time the amount to "payoff the obligation secured by the deed of trust" was $317,446.97 and the princip...
Deb Wagner
Foreclosure, eviction
Hi,I need advice. I have lived at this property since 1990. My mom outright owned it. In 2003 she sold it to my now "X' boyfriend, the father of my son. The mortgage and deed were in his name only. She sold it to hi...
Pat Cook
Owner put home up for sale, what are my rights?
Long story, short. Five months ago, we signed a six month lease for a home. Owner said she might be interested in selling it later. We thought we might be interested in buying at the time. Had to move here fast, to...
Julie Hill
Am I estimating capital gains correctly?
Hey all, I have 2 stupid q's:1) I need to put aside $ from a flip we recently sold for capital gains. I am calculating 20% from the net profit (we are in CO)... including AFTER holding costs and reimbursing our own $...
Mike German
Priority rehab items when purchasing an occupied rental?
HI BP,I’m a relatively new investor (have 2 units/ under contract on 6 units) and wanted to survey those seasoned landlords out there: When checking out a Buy/Hold property, what are your “deal breakers” that yo...
Sheena Bohman
New Member from Utah
Hi everybody! I have been listening to the podcast for a while and wasn't sure if I wanted to get on the forums because I don't feel like I'm even close to buying my first property, but I do have some questions! So, m...
Patrick Enright
Looking for a Lender for a Low Value Refinance in Atlanta
Hi Everyone,I am closing on a property soon in the Stone Mountain area. It is a condo that should appraise in the ~60K range. My partner and I have reached out to a few larger/national banks in the area and they do no...
Brauner Gamboa
South Florida Expert NOT!!
Hello everyone,
I live in South Florida (Stuart, FL) and I had been using MLS as my primary source for leads (REOs).
I've had a really hard time getting properties for wholesale deals.
Should I still put offers on...
Daniel M.
Non-performing note exit strategy
After reading several books about note investing and attending some local REO networking events, I’m still not clear about the exit strategy when purchasing non-performing notes.Let’s say there is an offer by a hedge ...