Buying Foreclosures, REOs. Short Sales, FSBO, MLS and More

Seasoning

Does anyone happen to know or have a list of your larger bank institutions that require seasoning??

Logo Design

Does anyone on here do or know anyone that designs logos. I'm looking to have it done soon.

Thanks

Lease Purchase Query

I have retail buyers that are looking for a house that none of my investor contacts have available, so I'm considering going after houses on the MLS for them. I asked my friendly agent for help, but he informs me that 'people aren't doing lease purchases these days' and I'll have to buy the house outright, then lease it to my buyers. I'm curious that maybe lease purchases are not 'happening these days' because no one is offering the option to the buyers. Or because the lease purchase is not enticing enough for the buyers to consider that route. Any thoughts from your experiences?

MLS agent deal????

I need help understanding how to wholesale a owner seller deal that listed on the MLS. I have an agent and need clarification. Is the only way through an IEE.
If so a brief walkthough of how this happens would help. I have the IEE disclosure form and discharge of agreement form downloaded. how does this all come together and how do I get paid and more importantly how does my agent get paid if we cancell my contract and the end buyer signs a new one.

Best State to invest in for non-US resident?

Hi everybody...

I am a non US resident and I am thinking about making a couple of small real estate investments with some spare cash I have and OPM (starting around 100k, if it goes well OPM will be around 800k).

What state do you suggest for me to invest in?

I would eventually love to invest in a city/town where I won't mind spending some time since I was looking for rehabbing and renting/selling (it depends on OPM).

We're looking for an ideal deal size in the 50/100k range.

Any ideas regarding a location that could be interesting for us?

Just for you to know, whenever I travel to the States I am in Princeton, NJ, and that is at least 3/4 months a year.

The problem with Princeton is that the deal size is in the millions! Smiling

RealtyTrac.com??

Has anyone joined this website to find foreclosures and houses going to auction? If so, do tell the pros and cons please.

WILL ASSIGN - REO DEAL - ENDS 6/29V- GA Area

39,900 - REO - SF HOME WITH TENANTS PAYING 750 - 4BD, 2BATH - UNDER CONTRACT - WILL ASSIGN. 2134 sq ft - last sold 5/11/10 - tax value $137,000

CENTRAL AIR NEEDS SERVICING ONLY

PM ME PLEASE

Buying Vs. Renting a Home

While researching a real estate information website, I came across an article that had some nice things to consider as you are getting started in your real estate investing career. Often I am asked if there are any advantages or disadvantages of buying properties as opposed to renting properties. Now as an investor there are definitely going to be some great tax benefits. But even if you are looking to purchase a home to live in, there are some important things to consider.
Portions of this article are taken from an article I found on Yahoo Real Estate. There was no Author referenced on the page.

Is it Time for an Appraisal?

I am contemplating going forward with a short sale I've gotten a verbal approval from lender for $65,000. My issue is that I've been having a hard time giving this house a solid ARV. It's a 3 bed/2.5 bath colonial with 1727 SF, and the recently sold colonials are 4 bed/2.5 bath with an average of 2068.5 SF. The town I invest in is divided into multiple parks, so I try to stick with home sales within the same park as my subject properties. I was told to value this short sale by using a price per SF, which I've done. Others advised me not to focus solely on this technique.

Syndicate content