I saw a HUD foreclosure in my hometown today and ended up making a cash offer. This is my first offer of any sort for what will/would be a flip property. Now I'm full of nervous excitement. I am told that I will find ...

Hi Everyone!You guys have been so helpful in educating me as a new investor. So I was given a good Short Sale listing by another agent who works with investors and here is the situation and my question. The house ARV ...

Just wanted to share a little success story! There was this great duplex listed in my target area, and as soon as it popped up, I told my partner that we needed to see it asap. It was listed at a very reasonable price...

Ok, so I’ve followed most of the advice listed on this site and completed as much research as possible on investing in a Fannie May multifamily (REO) property. The numbers were good so I decided to go for it and cont...

Hello all, I have a counter offer on a duplex that I am trying to purchase. The owner has never occupied the property, so there is no property condition report. They added in an "as is" "where is" addendum to the offe...

I've been working with a standard Re-Max agent to give me REO listings and make offers. She recently told me the prices of the REO properties on the lists are as close to bottom as they can get. I've been making offer...

Hi BP Fam,I recently found a potential deal on Redfin and went to tour it with a Redfin agent.  The listing agent (someone else) was not there for the tour.  I am still running the numbers, but think there's a deal to...

I am looking at purchasing the 3-unit that I've been living in for the last 6 years. The seller is not putting it on the market because he doesn't have a timeframe to sell, but at the same time he would prefer to get...

I'm seeing some attractively priced REO deals, and I'm thinking about dipping my toe in the water. But that sort of leads me to my question: Are these attractive prices set so low that they bring in a large number of ...

Taking into consideration the bad condition of the property and low-end neighborhood, I feel that HUD houses are actually over-priced. And compared to banks, HUD is harder to negotiate on price. It seems they won't ac...