Herm M.
What's your experiences with WaMu short sales?
I'm about to start on my first short with WaMu....there is also a 2nd HELOC, also with WaMu.
The rep told me that typically a property doesn't "qualify" for a short sale until it has been on the market for 90 days. T...
Bob Malecki
Fannie Mae Offers Largest Delinquent Loan Sale to Date $1.24B
Here is a recent announcement about Fannie Mae selling off another large pool of NPLs:The NPL offering announced Tuesday (FNMA 2016-NPL1) includes 6,700 loans totaling $1.35 billion in aggregate unpaid principal balan...
Account Closed
Can I buy a house in a 55+ community?
If you are not 55+ but, you want to buy a house to rent it to 55+ people. Could you do that? Or do you have to be 55+ to be able to buy the house?
Chris Terry
Closing without LLC docs??
Hi I have a deal ready to close but the seller can’t find his Inc. docs., I have his EIN #, searched the PA site, original title company that he purchased with, and current title company is at a standstill. Any sugges...
Ian MacLeod
How to find good retail comps
I need some help here folks....I am looking at buying a property to rehab and resell...Property is listed for 74K....Wholesaler I would be buying from claims ARV to be 180K....When I look at sold figures in a very clo...
Kevin A Nolan
CPA and Attorney - when and why
Hi all! This is definitely a super-newbie question - but thats exactly what i am. Bear with me.. So, i am in the early stages of purchasing my first home. The plan is to use the BRRR method to purchase a multi-family ...
Brian Suite
South Seattle Fix and Flip
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $308,000
Cash invested: $17,000
Sale price: $370,000
Purchased a 1,500 sf home in South Seattle with an investo...
Edward Mitchell
Tax Assessor Site
I am looking on the tax assessor site and I am confused as to what this information means such as APPRAISED VALUES:Land, Improvements, TotalASSESSED VALUELand, Improvements, TotalI hope you can see the picture below. ...
David McClain
Should I have an agent write up a for sale by owner?
When buying from a house "for sale by owner" should I use an agent to write the deal? The home is being sold to me well below appraisal. Will I miss anything from not having an agent write it up? This is only my sec...
Bethany Turon
First Flip - Tobacco Trashed Home into Cute Mid-Century Modern
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $100,000
Cash invested: $26,000
Sale price: $165,500
This was my first flip. Purchased as a Short Sale and was...