Faiz Kanash
Can you use a FHA loan to fund a fix and flip?
A curious question of mine since I'm looking through some options for funding... But could you apply for a FHA loan to purchase a habitable property that you intend to fix and sell after 3 months? Could FHA fund a fix...
Devon Ericksen
Renegotiating during Due Diligence days
Hello!
I am new to Wholesaling and want to get your feedback when it comes to renegotiating a contract price. I just got my first property under contract.
After the inspection what can I use as renegotiating le...
Tabitha Fox
Vacant House Gut Question
Hi all!I'm new (haven't posted in the newbie section yet, will do shortly!). There's a vacant house in my neighborhood that I'm interested in. I'm going to send a letter to the owner on file and see what the deal is o...
Erin K.
need advice regarding heat
We have a small one-story (~900 sq ft) *uninsulated* brick house we purchased recently as a buy and hold; it was part of a package. It is one story and the current heat is 2 ventless wall heaters. No ducts, no basebo...
Helen Lowery
Modular Homes Anyone?
Hi BP Community,Recently I sent a mailer to non-owner occupants looking for my next deal. I got a call from a woman who lives on the other side of the country and wants to sell a rental that she inherited from her la...
Neelam Khanna
Zonning query- Changing from R15
Hello!!
We have a property under contract in Holly Springs, Raleigh. It’s on 0.22 acres and needs full rehab. It’s currently as R15 zone. We wanted to check if we can change zone and could build a triplex. Any sugge...
Luke Tetreault
Mobile Home Park Underwriting/ Insurance?
Hey guys, I’m currently underwriting my first mobile home park. The sellers have said “we don’t pay any insurance due to it being an LLC.” Is that a common thing with mobile home parks? I’ve just never heard of it an...
Burt L.
How to Double-Close when Co-Wholesaling: Also a Broker Involved?
While I've had a few years full-time experience as a wholesaler, I have never co-wholesaled someone else's deal before. I have a buyer for a house the owner dug the crawlspace out and removed the dirt for a full basem...
Karoline Kaon
45k out of state mistake or opportunity?
Hello BP Pro members,I am going to graduate school and I had this idea of buying a home to live in while I go to school. I found a house and I am under contract for a home at $43,500. The house was priced at $45,000 a...
Cheryl Daniels
Multi-family Home Room Addition
Good Day!This is a 3 unit multi-family apartment home. Also this is my first home and I am new to landlordship. Currently, I occupy the first floor, 1 bedroom unit. I want to add a room to the first floor and later a...