All Forum Posts by: Cedric Jenkins

Good morning BP family,

I’m looking to get the process started on fha 203k house hack.

What should i look to find a mortgage lender or loan coordinator?

I am newbie investor, so I just want to ensure i am going about things the best way possible.

Hi BP family ,

I’ve come to a road block and need advice ...

There’s 2 duplex buildings on the same lot for sale that i am interested in...

However , i want to use fha. Is it possible to use fha on that type of setup?

@Chris Mason lol. Thanks for your reply!!! Awesome!

Newbie

Searching for a Potential house hack .. there’s a duplex In the area

However, it states that it is fully occupied. Is it still possible to use FHA loan or will it have to be vacant?

What are some techniques used to get contact information on a property? Looking for owners most recent number or email.

@Alaina Nolan Thanks for the response. I’ll reach out to them.

We found a property being sold as is for 25k.

Work needed is 8k.

ARV is 60-65k.

Can anyone recommend me a trustworthy, dependable and experienced HML to help me secure my first fix and flip before NYE?

@Jacob Sampson thanks for the reply, do you think i can use that as leverage to lower asking price?

Hi, BP family. Quick question..

We found a property being sold as is for 25k.

However there’s a mold issue (not severe). Work needed is 8k.

ARV is 63k.

I believe I can leverage the fact that there’s mold to lower the asking price significantly. Is this a legit tactic experienced investors use? If i can negotiate the price down to 15-20k it would be a win.

Does any have insight or success stories they can share about overcoming similar mold issues?

@Jaysen Medhurst I’m sorry, income.