Wil Andrew
Fannie Notice Boise, ID
This is my first post. I am in Caldwell ID. I have 4 rentals in my portfolio right now.I found out about a vacant house in my neighborhood that I literally drive by everyday (It has been vacant for 8-9 months). Whe...
Account Closed
Banks starting to "spruce up" foreclosures?
So far all of my rehab deals have come from the MLS. I have an automated email feed from my agent that sends me (REOs, Short Sales, HUD, Auctions). Over the past couple of weeks I've noticed a bunch of REOs listed for...
Mark Warlick
The Sale of Non-Performing Notes May Change Your Business
“The sky is falling,” says Chicken Little. The sky may not be falling, but, there are signs that experienced real estate flippers would do well to notice. Astute business people know that when something becomes “popul...
Ursula B.
Question on Fannie Mae Counteroffer
Hoping anyone that has bought from Fannie Mae can help on this. Just got a counter from Fannie Mae, and we are $4K apart. They are $2K down from list price. Since there were multiple offers and I have a financing ...
Stephen Rooker
Moving a Property into an LLC
I own a couple investment properties, but both of them were purchased under my name (as opposed to an LLC) due to the simpler process of acquiring a loan. I realize that having properties under my name poses a lot mor...
Eric Calabrese
More money down on a deal?
Hey fellow pocketers, so I’m officially pre-approved by two lenders which I will most likely go with USAA since not only is the rate cheaper but it lowers my car insurance but that’s another story. I noticed both lend...
Dallas Easter
25% down for 2-4 unit properties?
I have been looking for a good local lender in my area and several of the banks are telling me that its 25% down for 2-4 unit properties. Is this bank specific or has the requirement to put down gone up? I've noticed ...
Brian Zitzow
Duplex behind me is empty / foreclosed. Need help finding info!
Good morning!So I'm looking for my first investment property still and there is a duplex behind me that has been sitting empty. I would like to find out more information and see if I can buy this property!Today I went...
Oscar Cardenas
Potential opportunity for Househackers on Oregon?
This is not meant to be a self advertisement but rather an observation and a tip for those that want to grab an off market easier.
In Oregon you cannot evict for non payment of rent purposes due to COVID. The loomin...
John Pitts
Fannie Mae cancellation problem
Newbie alert!I am trying to purchase my second home that is a single family REO through Fannie Mae. I offered their asking price and they accepted so we are in an active contract. I am not a realtor and have limited...