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All Forum Posts by: Ken Johnson

Ken Johnson has started 3 posts and replied 6 times.

Real Estate Deal Analysis & Advice

Post: First intentional flip

Ken JohnsonPosted
  • Flipper/Rehabber
  • New Hampshire
  • Posts 6
  • Votes 2

Thank you!, Once I get closer I will get pictures up. 

0 Votes
Real Estate Deal Analysis & Advice

Post: First intentional flip

Ken JohnsonPosted
  • Flipper/Rehabber
  • New Hampshire
  • Posts 6
  • Votes 2
Have my first flip under contract. Found it on MLS, using conventional financing. Closing towards end of December.... choice of seller. Paid 160k, budget 30k, ARV 240-260k
1 Vote
Foreclosures

Post: Tax Deed Auction ( "subject to all outstanding liens")

Ken JohnsonPosted
  • Flipper/Rehabber
  • New Hampshire
  • Posts 6
  • Votes 2

Thank you @Peter M. is there a good reference that will tell you state to state what liens would be wiped out?

0 Votes
Foreclosures

Post: hud home with LBP inspection report

Ken JohnsonPosted
  • Flipper/Rehabber
  • New Hampshire
  • Posts 6
  • Votes 2

Thank you @Noreen Eddy ! So HUD actually reimbursed for abatement? Do you recall what their estimate was prior to your inspection? The one I am looking at has a estimate of $17.7K. I haven't looked yet, but the pictures don't look bad.

0 Votes
Foreclosures

Post: hud home with LBP inspection report

Ken JohnsonPosted
  • Flipper/Rehabber
  • New Hampshire
  • Posts 6
  • Votes 2

Looking at a HUD home that has a lead paint report that came back with a lot of spots in poor condition. Are these usually accurate? How about the estimate that they give to repair if it is needed?

0 Votes
Foreclosures

Post: Tax Deed Auction ( "subject to all outstanding liens")

Ken JohnsonPosted
  • Flipper/Rehabber
  • New Hampshire
  • Posts 6
  • Votes 2

Local tax deed absolute auction is being held. What is meant by "subject to all outstanding liens, if any"? 

1 Vote