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Hi, I'm in California and the property is located in Georgia. (My mom lives in Georgia so I have someone that help out if need be. I plan on using a property manager.
Here's the scenario. The deal I have is an avera...
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Can someone explain to me the pros and cons of trying to rehab HUDs for resales or rentals as opposed to the traditional means of searching for distressed sellers to get you a discount?
These are listed and open to m...
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Just wondering if I'm in the right here. I saw a property that I'm interested in, I call the realtor back and give him an offer on the property with all my reasons why my price is right on. He agrees and says I'll sen...
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What's the best formula for finding a positive cash flow on a deal ?
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Hello all...I've been piecing together tons of info. from the site and am sort of putting it all together. I am, however, still fairly unclear on few steps in the basic sequence/process of purchasing a property.
Gen...
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we have 4 houses (one is being renovated right now).
The previous tenants moved out 1.5 months ago and left it very clean. We painted ($1000) and will replace the carpet before the new tenants move in.
However, aft...
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So we are trying to refinance our home and found out that we had an issue with the property and after about a month of dealing with the title insurance company we finally got the following letter:
I want to share m...
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Was wondering for the guys who have the cash. Say you have an REO you wish to make an offer of 85K. How much do you feel comfortable showing how much you have on your bank statement? In otherwords if you had 200K i...
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I'm trying to find out if there are companies who purchase residential notes, nationwide, at time of closing or shortly thereafter, and pay a high premium.
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I just purchased a duplex with some tenants in one half that have been there for approximately 5 years. During the walkthrough, it's clear they have damaged all the carpet even though it was new when they moved in. Th...