I am trying to buy a small multi-family property out of state. I do qualify for a regular mortgage with 20% down payment; however, some of the deals I see at BP are done with private money. Since I have little experie...
I would like to speak with an agent or broker who has a good relationship with a reo asset manager at Bank of America. I have a potential reo deal that I need assistance with. Please contact me if you can help.
Since a number of you guys gave me totally valid reasons as to why you are asking this question, I was happy to acquiesce to client requests of this nature moving forward.
However- what do you do when you come across...
For those of you in this arena, what are lenders typically doing about back property taxes and interest owed by borrower? Are they looking for re-imbursement from a note buyer? If not, do these back due amounts atta...
I spent some time going thru the financials. I wish I had not.
Citigroup
http://www.quote.com/us/stocks/financials.acti...
Looking on advice on buying 3 condos in a recently converted 3 family...They are all bank owned and on the market...Im going to put an offer in on the lowest priced one first and try to get that one under agreement......
I'm considering making an offer on a REO that was originally listed as a short sale 18 months ago for $260K. It's now at $185K. It would be a rental property, and given the formula for rentals and the repairs required...
As you know banks are now aquiring properties left and right.
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In this video clip from the WSJ, a bank decides that demoing the houses is its best move.
Something to keep in mind here, the end result be it a short ...
Anybody have a list for FDIC banks to avoid when doing short sale flips?
I own a condo and 6 are in the foreclosure process. I was told that if someone owes $400,000 and the bank forecloses now and it is only worth $200,000 that the condo association lien for past dues and special assessm...