All Forum Posts by: Nick Dunin
Nick Dunin has started 20 posts and replied 105 times.
Post: Post your available tickets HERE
- Real Estate Investor
- Longview, TX
- Posts 111
- Votes 28
I need 1-2 tickets. DM or txt me. 9O3-806-0899
Post: Anyone up to share a room at BPcon?
- Real Estate Investor
- Longview, TX
- Posts 111
- Votes 28
Think of it as House Hacking your room!! 🤣
Post: Anyone up to share a room at BPcon?
- Real Estate Investor
- Longview, TX
- Posts 111
- Votes 28
Looks like I waited too long and all the rooms are booked at the Hilton bay front. Anyone already book and want to split the room? Let me know.
Post: Foreclosure auction in a week, how do I make this deal work?
- Real Estate Investor
- Longview, TX
- Posts 111
- Votes 28
Quote from @Zach Evanish:
@Nick Dunin Don’t rush and force it. I suggest moving on to another deal.
Got on a conference call with seller and bank so bank would speak to me. Managed to talk to enough people that someone agreed to consider stopping the auction if I sent them the contract and proof of funds or pre-approval letter from my bank, but it’s going to take a couple days. Either way I’ll know by Friday whether I got it or not.
Post: Foreclosure auction in a week, how do I make this deal work?
- Real Estate Investor
- Longview, TX
- Posts 111
- Votes 28
Quote from @Lucia Rushton:
Quote from @Nick Dunin:
Quote from @Lucia Rushton:
@Nick Dunin find a hard money lender who will work within the time frame. And then refi in 6 months after seasoning with your local lender. It’s expensive but if you really want the house that is an option to pursue. No guarantees just my suggestion.
Title is uber important. you always want to work with a title company that has experience in FCs and can work to the timeline. If you have to walk away, I hope you are not forfeiting too much money. Best wishes,
I’m not out a dime, just a little time. Seller is in denial I think
Post: Foreclosure auction in a week, how do I make this deal work?
- Real Estate Investor
- Longview, TX
- Posts 111
- Votes 28
Quote from @Theresa Harris:
Quote from @Nick Dunin:
Quote from @Lucia Rushton:
@Nick Dunin find a hard money lender who will work within the time frame. And then refi in 6 months after seasoning with your local lender. It’s expensive but if you really want the house that is an option to pursue. No guarantees just my suggestion.
Have you talked to the bank?
No, seller is contacting bank this morning and I’m also waiting on him to send me bank contact so I can see what I can do from my end, although I doubt they will talk to me
Post: Foreclosure auction in a week, how do I make this deal work?
- Real Estate Investor
- Longview, TX
- Posts 111
- Votes 28
Quote from @Theresa Harris:
Quote from @Nick Dunin:
Quote from @Lucia Rushton:
@Nick Dunin find a hard money lender who will work within the time frame. And then refi in 6 months after seasoning with your local lender. It’s expensive but if you really want the house that is an option to pursue. No guarantees just my suggestion.
Have you talked to the bank?
Post: Foreclosure auction in a week, how do I make this deal work?
- Real Estate Investor
- Longview, TX
- Posts 111
- Votes 28
Quote from @Lucia Rushton:
@Nick Dunin find a hard money lender who will work within the time frame. And then refi in 6 months after seasoning with your local lender. It’s expensive but if you really want the house that is an option to pursue. No guarantees just my suggestion.
Post: Foreclosure auction in a week, how do I make this deal work?
- Real Estate Investor
- Longview, TX
- Posts 111
- Votes 28
Quote from @Chris Seveney:
@Nick Dunin
What state is it in?
There is nothing you can do to stop the foreclosure except reinstate the loan.
The borrower can file BK but other than that, not many options
Texas
Post: Foreclosure auction in a week, how do I make this deal work?
- Real Estate Investor
- Longview, TX
- Posts 111
- Votes 28
I found an off market property that's going to foreclosure auction next week. I guess owner sat on it too long, he took my offer quickly. This was befoe I realized the auction was a week away. I'm planning on using a local lender so thats going to take much longer than a week. I need to find a way to stop the foreclosure auction. Any suggestions?