Jimmy Danblaus
If you buy a house for below 80% ltv do you still have to put a down payment?
I have found a few wholesale deals that should apprise well above the price that I found them for. For example, one triplex I have found is for sale at $140k and I estimate that it is worth at least $200k maybe even 2...
Sandy Uhlmann
Journey of a newbie 2nd lien owner-Foreclosure Sale Question
I purchased a note in 2nd position several months ago. HELOC with original amount of $100,000 UPB of approx 75,000. First is current with UPB of just over $100,000. House seems to be worth $170,000+. Homeowners cur...
Greg P.
What would you do with 2 million in Cash?
If you had two million in cash right now, what would you do with it? Would you buy a distressed commercial building; put tenants there and refinance? Would you buy a fully functioning apartment? Would you rehab hou...
Samantha M.
Pulling Comps: Am I doing it correctly?
Let me begin by saying I am new to wholealing I try to pull comps as conservatively as possible, as if every house depends on a hard money loan. Here is a general guideline I use, I would love to have some feedback.
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Kurt Schmid
REO Agent
I recently met with an REO agent. We discussed real estate in general and my plan in particular. I am going to find REO properties to buy at a discount, rehab and sell.
He mentioned he had some investors that he kn...
Page Huyette
Must I use an originator for a private seller deal?
I've done a lot of cut and pasting Edward Scissorhands-style of many posts on BP that address seller financing, but there are several differing opinions on the topic of whether or not it is necessary to use a mortgage...
Steve Orlov
Direct mail - get listings
Hello everyone,My partner and I, began marketing to property owners in NY area, looking for motivated sellers.As expected we received 2% response on our second campaign, but almost no motivated sellers.With that said ...
Bryan N.
Lots of traffic but no actual applications
So, I've had a property listed on craigslist and postlets for almost two weeks now. I get multiple calls, texts, and emails almost daily. I've been showing the property almost daily and sometimes more then once a ...
Account Closed
Kitchen Open vs Closed Concept
I've personally come from a household that has always believed that a close kitchen (kitchen in its own room like space) is the go to. However, began to notice that is a split on whether open or closed is more desired...
Thomas P.
Zillow recorded my call with a prospective tenant
So guys, I have never seen this until today. I received a call from a prospective tenant and answered their questions about a property for rent. I then went into my Zillow landlord account to respond to another emai...