Rafiq Merchant
Need advice on Personal guarantee requirement for Commercial loan
Hi all,I am an RE investor in the Houston area, with two SFR properties and they are both rented out returning decent cash flow per month. Last year I became part of an investment group whose primary goal is to acquir...
Ari Bauer
HUD partial claim - short sale
I was hoping someone could help me out with a deal I'm working on.I'm negotiating a short sale on a property with three liens, a 1st mortgage, 2nd and a HUD partial claim.I've reached agreements with the 1st mortgage...
Travis Elliott
REO,S not such a good deal.....
I dont get why REO,S are a good deal. They are listed with a real tor like other houses and are able to seen, bid on and bought like any other house. So why are they a good deal? They dont seem to be any cheaper th...
James L.
Turning a short sale into a 1st. position note acquisiton?
This is my first post on BP. I have used the search function and gone through the notes section and have yet to find answers relating to my current circumstance. If these questions have been asked before I ap...
Rino I.
Closing costs.. seems high
Hello BP.. my first post... im in the process of purchasing a rental property.. waiting for my counter offer to be accepted. I had to take out a non owner occupied loan.. the property was 250k putting down 25% with a ...
Marilyn Adams
notes
I am doing more income stream deals and want to know if this is a good approach for a passive investor for a jv partnership deal. Any inputs would be appreciated. We are putting a tenant buyer in the house for $500...
Michael Lyons
First Mobile Home Park - Fair Purchase Price? 28/33 pads rented @$140 monthly
I have located a mobile home park in a rural area, approximately 45 minutes east of a major city. My brother and I are looking to go into this together. He is 45 minutes away from the property and I am 4 hours away...
Brad Jacobson
Misrepresented Square Footage - Concession Request
Hi Fellow BP Fans,I'm currently UC on a triplex that I snagged off the MLS last week. It was a competitive bidding war.The MLS listing noted the combined square footage of the three units was 3,600sf. During the wal...
Devin Otway
Etiquette - Turning Down a Buyers Agent
Hi BP!My GF and I are currently working on our first deal which happens to be out of state. We are currently in the process of reaching out to real estate agents in the area based on research, recommendations, etc. We...
Gregory Green
Pre-foreclosure/foreclosure leads in a Judicial Foreclosure State
Hi everyone, I have a question regarding locating/purchasing data.
I live in Pennsylvania and when I research foreclosures and pre-foreclosures in PA I am unable to generate any leads. One site (either listso...