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I am a first time flipper based in the spring /woodlands area. I am looking for ways to finance a fix and flip. The hard money company I called today said that their product is not for me because they need to inspect...
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Hi BP fam!I ran into a seller who just finished the beginning stages of a full rehab and asked if he would be selling in its current state, he ran his numbers and came back with one that works for the both of us. HOWE...
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I have been in short term rentals for years and now want to try my hand at our first multi-family (duplex or triplex) to buy and hold, we will live in one unit and rent other(s). I have found a few in the $50k-$60k ra...
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When I put together a purchase agreement I included a financing addendum to the end of the purchase agreement. The seller removed mine and added this one. Which included the 120% language. What is the reason that t...
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So I just saw a property being listed for short sale in my neighborhood and just wanted to get some advice on how the process work as well as the chances of this short sale going through. I'll give you the info that I...
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Hey all, I could use a little direction here if any of you fine folks wouldn't mind... I haven't done a short sale in close to 15 years, and now I've got 3 potentials sitting in my lap, and I'm not even sure if the pr...
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Has anyone else been able to use the difference between the sales price and appraised value of a property as a down payment, as mentioned by the guest in episode #440 of the BP podcast? He mentioned finding a credit u...
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Hi BP Community,
What are your thoughts on short sales and offering slightly below asking price? Also, I'm not sure whether I have the endurance for a short sale, but the potential property is a seeming good deal for...
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Note to BP:
If you own a short-term rental property in the Poconos, understanding the market's seasonality is crucial for maximizing your profits. The Poconos, located in northeastern Pennsylvania, is a popular desti...
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2020 was a hard time for all of us. I started the year thinking that my 2020 crystal clear vision would come together. Since I'd graduate college and start a lucrative career as an RN. I always thought after college m...