Roy Williams
Foreclosure
Hello friends, my dreams of a real estate empire are going up in smoke. I won't bore you with the details but I have a handful of properties that I stopped paying the mortgage on about 12 months ago. The banks st...
Amir Saeed
Few questions on Short Sale. Please assist
I have a short sale prospect. This will be my first short sale. I have already started initial conversation with the lender on the loan. From reading and some experience looks like the lender will require a package...
Joshuah Fowler
How to calculate a MHP value for purchase
I am interested in possibly purchasing another MHP and i wanted to see if someone could tell me a good formula for evaluating the parks purchase price, i know the current owner is gonna be a little high and i want sol...
Cliff Harrison
Rate of Return calculation for early mortgage payoff
Situation:Single Family Rental financed on 15 year note. P&I payment is $330 dollars. 13 years remaining on amortization schedule. Payoff amount is $35,000. Interest rate is 5.25%. No plans to sell, assume a ...
Maria Bocanegra
What are standard/ideal listing agmt terms?
Hi all
What are standard list agmt terms when selling an investment property? What are ideal terms? I have an agent proposing certain terms and I'd like to get these terms here at BP.
One of the terms proposes that a...
Thomas Blaine
Reperforming Notes from PPR
Does anyone have experience purchasing reperforming 2nds from PPR Note Co? I am an investor in their fund and am considering purchasing one of the notes they offer for sale. Thanks - Tom
Damian LoBasso
Flipping with FHA Loan
Hello All,As I continue my research on financing options for a flip I am interested in performing, I seem to be receiving conflicting information as to the timing restrictions should I take out an FHA Loan to finance ...
Hai Loc
Building in Southern Ontario
I know this is mainly for US investors but anyone out there buying land and building in GTA and surrounding?I plan on securing my first land to build this summer and would like to hear anyone experience on doing it wh...
Vincent Chen
Can seller finance really work?
As a investor, if I can buy property using owner (seller) financing, it is good for leverage.But using this technical, can investor still get positive cash flow?If it can not get positive cash flow, the leverage becom...
Andres Echavarria
Neighbors Inherited Property!
I am just looking for some advice and guidance that might help me get a good deal on a property. My neighbor passed away last year and his house was, I guess, inherited by his siblings. They don’t have it rented and n...