Just trying to make sure I understand the mechanics of a foreclosure auction when the holder of the 2nd mortgage is the one foreclosing. Assume the following facts - 1st mortgage with $150K principal remaining and a 2...

After 15 years of experience in property management in Orlando and Central Florida our team has settled on the following conclusion:

There are two types of investors and two types of property management companies, ...

Hello! I have a fourplex. The water bill is usually 500$ every 3 months. Now there was an increase in the bill to 1,755$ for 3 months. I called the water company. They said they will send someone in 2 weeks.I checked ...

I have no affiliation with the big orange retailer and I often DIY things like dishwasher installation but I went to pick up a replacement for a broken unit at one of my rental homes and found a sale going on for the ...

Hi BP Community,I've recently started getting serious about buying SFRs at the county courthouse auctions. I've spent hours reading a lot of the related posts here on BP which was very helpful. I've got a list of abou...

     I have just completed my first deal on a SFH. I own some land but have never had a house before. Here's the way the deal worked, I paid $30000 for a house that was supposed to be partly rehabbed. My budget was fo...

Hi,I found a nice two family house with 2 stories + basement in my area. The house is lower than the street level on the front and degrades towards the backyard, it is basically on a slope. The house is in really grea...

The current property I have with some termite damage, and we have the termite company treated it. But we only replace all those termite damaged wood which is visible. Also some of those woods were covered by another l...

Hi everyone,

My question is this: I am in the process of purchasing an REO (my first one), we told the bank it is a cash offer but the money is coming from the HML. Is that really a cash offer?
Also, the bank wan...