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

Hello all:

I recently purchased Dean's 2016 Edge Home Study Course and am watching like a fiend.

I have a dilemma. I'm hoping you can help.

Our landlord (yes, we are renters) is putting our house (the house we live in) up for sale.

We are crushed.

We have always dreamt of buying this house, but it seems we must now move out because we don't qualify to purchase it.

The house's value is about $500,000. We qualify for $300,000 in a conventional bank loan.

Nope. There's no cash available to put down. (Sigh) None. Sad. Embarrassing. But true.

We need an extra $200,000 to be able to make an offer on this home.

Any ideas? Suggestions?

Private money?

Any way to structure this deal to possibly stay in our home and purchase it?

Hello Everyone.......

Wow!!! I haven't posted on here in FOREVER!!!

Anyway... I am posting this in hopes of all the DG family in Denver, CO.. (or anyone/anywhere for that matter) could assist me in finding "Cheap Condo" type investments in the Denver area.....

I am looking for a minimum of 2 Bed/1 Bath Condo style Properties to invest in... Sq. Ft. doesn't matter, and location doesn't either as I am just wanting something in ANY part of town.... I am looking to pay up to $95,000 and am wanting to do this ASAP....

So Please get back to me and let me know if you have something OR can connect me to someone who might... All of You AND Your time is Greatly appreciated!!!

FIRED UP! First off, 3 keys words for your success in real estate investing, NETWORK NETWORK NETWORK! Now with that said, a realtor that I have only done one deal with, about 5 years ago, and I are hooking up for a new deal. He and I have stayed in contact on facebook throughout the years and a couple Thursdays ago he had posted something and I made a comment about not being where I want to be. The next thing I know my phone is ringing and he is asking me what we were doing and what was holding us back. We had a great conversation and he was on a mission to help us get moving.

I have just purchased a home at auction. Come to find out there is a renter living there, which to my understanding can not provide a lease agreement, nor can they provide proof off payments made to the ex-owner of the property.

The so called "renter / squatter" claims he knows his rights and he said he can stay in the home for up to 61 days, while I have a hard money loan collecting interest.

I have called 3 seperate landlord attorneys in the Seattle, WA area, BUT they all have different answers that do not offer timely solutions.

Any recommendations?

Thank you in advance
Russ

Hello, everyone! Especially to the long-timers, on the site! As the title states, I've been away from REI for a while now, with lots of ups and downs, along the way. Now, I've figured that it's time to get back to what I loved doing in the past and this time, stick with it and become financially secure. So, any pointers and/or new techniques that I should know about, please feel free to guide me in the right direction!

We currently have homes in in good areas in Detroit that are rehabbed and leased as well as properties that are vacant and need rehab.

These properties ROI are between 10%-20.

Send me a PM with your email if you are interested and I will send you what I have. (Do not spam me and I will not spam you!!)

Thanks.
-Jason

Hello everyone. I am trying to get the ball rolling and I keep coming up with questions after questions. I plan to get a mentor but want to do at least one or two deals to pay for it. So I have a question, my question is I was looking up a few properties and seen that the owners of them are SECRETARY OF HOUSING & URBAN DEVELOPMENT. When dealing with these guys do I treat the properties like an REO?

Hello everyone, just wondering if anyone out there knows which contract to download and how to fill in the blanks on a for sale by owner that I found.
Please help,
Thanks,
Angel.

I've found a few properties in my area but I'm having trouble finding Sold properties to compare them to. The Sold properties I've found in that area have way more Sq ft, more beds and baths, and also Sold 2 or 3 years ago. How do I find the ARV without Comps?

I've found a few properties in my area but I'm having trouble finding Sold properties to compare them to. The Sold properties I've found in that area have way more Sq ft, more beds and baths, and also Sold 2 or 3 years ago. How do I find the ARV without Comps?