Nader Hachem
Having trouble purchasing primary residence in this market
Hey all,Im currently looking to purchase my first my primary residence by October. The market where I’m at just seems to be even more competitive than everywhere else. I’ve put multiple offers 40K over asking, waived ...
Kristopher S.
All-cash offers are killing us
We are well qualified buyers who are continually getting beat out by all cash offers on properties in the New York City area. This past week a 1.2m offer on a property was beat out by an all cash offer below asking. W...
Kate Lee
Question for private/HM lenders: How do you verify the track record of a rehabber?
I would like to find out how private/HM lenders verify the track record of a rehabber. Your help is highly appreciated!
Harry Metzinger
Cash Offer
Hi BP, I am currently evaluating a property where I know a cash offer is looked upon favorably compared to purchasing with a conventional mortgage. I am in position to make a cash offer this week. Since the process ...
Bryan Satter
Out of state property maintenance
As an out of state investor I am dependent on my property manager to update me on status of property. We talk regularly, but that doesn't mean I am always fully aware of any potential deferred maintenance or tenant tr...
John West
How long do i have to wait to refinance a mobile home park?
I have a small mobile home park under contract that is only half full. I know the area needs housing so I am genuinely looking forward to getting homes in there, providing affordable housing, and doubling the value of...
Sean Cassidy
Tax liens are selling for 0.25%
I am new at this and was hoping to buy some tax liens here in Miami, Florida. I think I found the correct list for last year's liens sold. The problem is that almost all the bids won were at 0.25%. This is really not ...
John Hopf
Tax implications on Spec Home
I am new to BP, and have spent hours combing thorough the forums... it is remarkable how giving and generous so many of you are, thank you.With that being said, I am looking to build my first spec home. I have learn...
Menalik Archer
Private money or hard money under 50k
I have a duplex under contract for 48k. The bank I found that does mortgages as low as 30k tells me (a month into the process) that I can't use funds from my LOC or a gift to supplement the closing costs. They told m...
Parker Shoaf
Buying my first Rehab...is there a Rehab checklist?
Hi, I am buying my first Rehab to flip. I have a General Contractor in place, but as I am working on getting my first deal and looking at properties to evaluate the numbers. Is there a Rehab checklist that I should ...