All Forum Posts by: Brian Gibbons

Take @Ben Leybovich course in Multi Financing, that will get you a foundation few people have.

http://justaskbenwhy.com/cash-flow-freedom-builders/

I just heard a great 30 min presentation from a short sale - bk attorney and a short sale Cal Realtor.

Listen to this, very good short sale info

https://www.youtube.com/watch?v=bWlJuBhaiA0#t=946

Big thing, go and get an agent, a tax advisor, and an attorney that has huge experience in short sales.

Thanks @Aaron Montague appreciate your correction.

https://www.firstoptiononline.com/blog/fha-buyers-given-a-compettive-edge-against-cash-investors/?mm_campaign=8b07dce718b1ec7d0f04a7eff7002608&keyword={keyword}&fom_adgroup=Social_Posts&CampID=11

FHA Buyers given a competetive edge

See http://www.doityourself.com/stry/4-dorm-loft-plans-to-consider#.Us2aUPQVodY

and

http://theloftbedcompany.com/

and

http://search.yahoo.com/search?fr=chr-greentree_gc&ei=utf-8&ilc=12&type=386496&p=picture+loft+college+student

Welcome!

If you have nice houses with little equity you can lease option then assign to Tenant Buyer too!

Brian

Favorite post of the day, real estate fraud in Florida. Thanks @Wayne Brooks

And @Wayne Brooks dont get me wrong, all realtors dont do a reckless job regarding low equity and negative equity listings.

Short Sale Success is a maybe with the lender, with incredible delays, and the ramifications of doing short sales can be seriously detrimental.

BTW, I love CCIM Commercial Realtors, its a demanding designation to earn, and should be sought out doing commercial deals.

Should Realtors that list a Short Sale and screw the Seller get sued? Should they lose their license?

See http://massrealestatenews.com/short-sale-lawsuits-will-realtors-be-next/

I believe Realtors that have poor training in Short Sales that misrepresent their knowledge and experience should be criminally prosecuted.

What do BPers think?

Hi @Wayne Brooks

Love your posts too, I always read them.

See MyFico.com http://www.myfico.com/crediteducation/questions/foreclosure-alternatives-fico-score.aspx

Short Sales should be avoided if possible if credit preservation is important.

See IRS possible clawback http://www.irs.gov/Individuals/The-Mortgage-Forgiveness-Debt-Relief-Act-and-Debt-Cancellation-

I have friends in the employment verification business, short sale is a foreclosure, its hurts some job applications. See http://www.loansafe.org/will-a-foreclosure-affect-my-security-clearance

Short sales are not a great idea all the time.