Hello Everyone!I'm a new member but not new to real estate and I'm glad to finally be a part of an online community to share insights and exchange information. I was curious if anyone here knows or has good luck wi...

I just got off the phone with a very smug account Wells Fargo business checking associate who was very proud of discovering my registered agent's address (used on LLC filing)  on the state website listed for other LLC...

Looking at properties in the $50-$60K range and the first three lenders I spoke to said their minimum loan amount is $50K. With the 20% down that obviously won't work. Are there banks out there that will loan less tha...

    An investor in my area had about a dozen properties that were for sale off market, I made my first round of offers on each one and before the seller could counter the agent informed me that the bank was taking bac...

Hello,I am planning on purchasing my first out of state turnkey in the near future and utilize a property management firm and realized that I have quite a few questions regarding best practices.  Does the tenant write...

Hello BP,
My wife’s sister-in law passed away last year after battling cancer for a year. She lived in Lemont, IL. Her will states that her money/ cash goes to her husband 30% and to her mother 70%. Instead of just gi...

I am not sure if this belongs in the "Bulk REO" forum or not.

I know that there is a single bank (a large one) that is listed as the current owner of quite a few properties in a very dense area. Many of these propert...

Mr Mortgage:

"Added last minute to the underwater refi, Fannie/Freddie, FHA, Wall St, Foreign Gov’t, Washington DC, bank and investment bank bailout was a ‘2nd lien provision’ making the 2nd mortgage holder an equity...

Hello,
I plan to send an REO offer with my own bank statement as my Proof of Fund yet if the offer is accepted and happened to be under contract, I prefer using Trans Funding meaning the real money will be from d...

How does one find the bank prior to an REO public listing?

Depending on how and where you invest, IRA and where your life insurance etc invests, you may be part owner in these REO properties.

I have been trying to e...