In this seller's market, I see a great number of distressed properties going for auction rather than a straight sale. I suspect people will likely bid them up higher than they're worth, especially considering repairs ...
Hi,I've found a property in the Indy suburbs that has fire damage.I'm looking to invest in the property, and have mostly been chatting with general contractors to get an idea of the potential costs involved in restori...
Does anyone have insight into how an investor can assume a seller's existing low-interest loan? Or is that only allowed for first-time home buyers and/or non-investors? With interest rates so high, I'm looking for cr...
I think I am involved in a crazy REO transaction. I get that they can take a while. I get that the ppl managing the property and the transaction are not in this business and do not care. I get that I am a "pimple on a...
I plan to write a very detailed blog on my 1st experience using a 203k loan, but for now, I wanted to shout at the top of my lungs, that I FINALLY closed July 3, 2014 on my latest acquisition. A 2 unit - each unit, 3...
Hi everyone! So I'm under renovations for my first property and I used a conventional purchase and renovation loan, not knowing how tedious the draw process would be for me and my GC, but saw it as the most convenient...
Hi allI just bought my first house hacking property in bloomfiled NJ. It is a single family home in a legal 2 family zone with 2 floors and an attic. I plan to live on first floor and rent out the second Fl and attic ...
Hello BP community, I have a question about a roofing invoice. I had 2 roofing bids for a complete tear-off with a new TPO roof. I got a bid for $27K and then I asked another roofer to match it, which he did. I chose ...
Is it difficult to do rezoning?
Hi I am purchasing a multifamily home for my first home.
This property has 4 units but actually its zone is R2, duplex.
It is lovely home but the only problem is rezoning... Do I tak...