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Hi BP Community,My wife and I recently bought a home in Orlando, FL. We used conventional, 3% down payment loan. For that reason, we need to pay PMI. We wish to remove PMI as quickly as possible and would like to c...
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Hey Everyone,I recently purchased my first house in the South Shore area and am going to be doing a lot of the work myself. My first project is a small bathroom remodel, followed by another smaller bathroom remodel, a...
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So I just " re-talked " with the appraiser that came out a week and a half ago, to do the appraisal on the property I am trying to purchase.When he came out, he said that there were certain issues with the house , an...
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Hey BP family, long post for a newbie with the highest offer on an REO. I could use some outside eyes to help me see if I'm assessing my situation correctly.I've been casually browsing the market in my expensive Virgi...
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Hello Everyone! I am just getting into investing in property and came across a gutted house that is fairly inexpensive. I have a few questions about it! - What are some red flags to look for when viewing the property?...
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Hi I’m still new and learning as much as possible. We bought a fix and flip for 78000. It has two house on the property one is a mother in law suite. We fixed this one up and put 23000 into it, it was pretty bad. Want...
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Listening to a recent BP podcast, I learned of the concept of being able to purchase a home using the difference between the appraised value (assuming it’s greater than the sales price) and the sales price as the down...
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I am looking to (finally) make my first deal on a 3-bedroom single-family home in a college town for about $80,000. But I have a big question.My intent is to:1. Purchase with $80,000 cash2. Some light rehab to create ...
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As the subject explains - I currently have a VA appraisal ordered - but I'm worried that the VA appraisal will come back with repairs needing to be made. The roof is a tin roof but quite old and has patch work done on...
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I have a property with a main house and a guest house. 1 bed 1 bath unit. This home is on its own septic, water and electric. The guest house is say 500-600 square feet. This house only has a foundation on the back ba...