![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2698023/small_1703975106-avatar-meaganl6.jpg?twic=v1/output=image&v=2)
4 October 2024 | 2 replies
Title says most of it, my realtor has a relative with a duplex with burn damage in Oregon in the area I'm looking to buy my first househack.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1722736/small_1634300206-avatar-alext271.jpg?twic=v1/output=image&v=2)
9 October 2024 | 10 replies
But a cash out refi is good if you want to use those funds to buy a LTR. but you gotta find one quickish so you don't burn wasted capital
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3090140/small_1722541900-avatar-michaelm3542.jpg?twic=v1/output=image&v=2)
7 October 2024 | 2 replies
If you're way off with these numbers you will go under, and then 2) getting burned by the contractor is a real thing.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3129297/small_1737651941-avatar-pata47.jpg?twic=v1/output=image&v=2)
7 October 2024 | 3 replies
The 10% that care eventually get burned out.
11 October 2024 | 27 replies
It is starting to burn folks who were told this and then cannot qualify for a house they want to buy to live in.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1835834/small_1636205039-avatar-benm354.jpg?twic=v1/output=image&v=2)
6 October 2024 | 9 replies
For example what if a house burns to the ground?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2458667/small_1700270229-avatar-leel95.jpg?twic=v1/output=image&v=2)
7 October 2024 | 24 replies
So as a previously burned person in bait and switches am simply assuming that when you don’t talk about fees and you list all these “things” you can do, you are hiding fees later.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2105084/small_1627074936-avatar-gagandeeps18.jpg?twic=v1/output=image&v=2)
8 October 2024 | 36 replies
If you rush into a deal just to buy something you will get burned for sure.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2960906/small_1711466727-avatar-nickb725.jpg?twic=v1/output=image&v=2)
2 October 2024 | 3 replies
Quote from @Nick Bednarczyk: Please click on the article below for suggestions to help you if you were caught off guard by the recent flooding.https://www.nerdwallet.com/article/insurance/no-flood-insura...It was amazing during hurricane Katrina how many houses that were flooded without flood insurance burned down....
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2171837/small_1736728709-avatar-davidn451.jpg?twic=v1/output=image&v=2)
6 October 2024 | 26 replies
Don’t get me wrong, I realize there’s a class of folks out there with too much money to burn, but if anyone reading this is sitting on a spare $1m they’re throwing into 3 month/year New England ski house because they don’t know what else to do with their money let me know.