I am going to refinance my personal residence to get some cash but I had a few questions regarding how to approach a bank / credit union.I live in a neighborhood of a bunch of 4 plex condos. I have made a list of 7 pr...

Hello Everyone!I starting out with house hacking last year, moved into my primary residence, and now have been thinking about my neighbors house that has been vacant since 2019 and not selling. I started working my nu...

Hello, thank you for taking the time to potentially help us. My wife and I are looking to purchase our first rental property. I have 15k saved. I am looking in class C neighborhoods. The property I am considering is 4...

Long story short, ran the numbers on a property that looked like a great deal.  After getting prepared to make an offer, I looked up the flood zone information and, behold, it was in a 500 year flood zone.  After revi...

Hey BP community!Wanted to share this success with you...I flipped my first house--just closed on the sale this last Friday. I made $25k, which is pretty solid. What's even more exciting, though, is the implications: ...

Hello, so I had my fourplex tested for asbestos and they have found it in a couple of areas.  This is in one unit of the fourplex so I'm assuming there is more in the other units.  This will likely blow up my budget a...

I have a family moving into one of my rentals today.  We signed the lease last week and were waiting to conduct the formal walkthrough till today. I allowed them to move a few things in prior to their official move i...

I live north of Detroit in Rochester MI.  With the recent snow melt, I saw water under my refrigerator in the basement.  I moved the refrigerator and have a crack from the top of the foundation to the floor.  It is a ...

I understand many have flipped 5+ houses or have tremendous experience with the renovation process. However, as a contractor I'm curious what was the biggest "miss" or unknown finding you've experienced in a flip? Fou...

Last week I put under contract a real fixer upper. 140 year old all cypress framed ~1250 sq ft. 3/1.

I have it under contract for $16,500. Comparables in the area are selling in the $80-90,000 range, average listin...