House 1 needs a new roof and new HVAC along with all the regular stuff like kitchen upgrade, flooring, paint, landscaping.

If the price dropped 5K (just as an example) or you got a 5K credit (assuming you haven't maxed out your seller credit already - which people regularly do these days), would that make a difference in whether you're willing to take on this situation?

And if the seller did not have flood insurance then his regular homeowner's policy wouldn't cover it. 

I've seen this happen because I work with folks in situations like this regularly on a volunteer basis and we hear about it all the time on the BP Money Podcast. 

We have a our "core 4" locked in, so if anyone needs an agent, lenders, wholesalers, contractors (both class A and regular handy persons) or a qualified intermediary...please feel free to shoot me a note.

We have our "core 4" locked in, so if anyone needs an agent, lenders, wholesalers, contractors (both class A and regular handy persons) or a qualified intermediary...please feel free to shoot me a note.

We also are hosting a meetup event next Thursday for investors, contractors, developers, etc.

Planning on Hosting a local Meet Up/REIA. 

Planning on Hosting a local Meet Up/REIA.

For a conventional loan, the bank wants to see a 90 day period of regular payments before you are eligible for another loan.For an investor that has exited forbearance, is this rule similar to commercial loan requirements?