J. Martin
Recession & Job Loss Predictor: Leads by 2.5 years!!
As I was poking around at the relationships between jobs and potential predictors of job losses, I started looking at a mathematical representation of something less quantitative, that we are all familiar with. This s...
Benny Morfas
Buying a 4-plex for under $30k.. but in a class D area. Worth it?
Hi everybody!I thought I’d turn to the forums because I saw an interesting deal, but there’s some red flags. Since I’m relatively new to real estate, I’m hoping some more experienced people can guide me in the right d...
Kent Harris
Installing an HVAC System and Electrical Box
I am renovating a 40 year old house and the HVAC system and electrical system are the original. Since my background is in Electronics and IT is this something I can tackle myself? I have a $20,000 budget and so far th...
Jonathan Greene
Why You Need a "Deal Killer" In Your Life as a New Investor
The adage about who you surround yourself with is accurate. The five people you spend the most time with will influence you. But as a new investor, sometimes this advice leads you to only have cheerleaders in your lif...
Peace Lily
FHA denied the mortgage from 2-family Multi to 3-family Multi
Dear BP Members,I have a question and hope to get your advice. I lived in a 2-family house for one year on conventional financing as my primary residence. I recently just moved out and rented out the whole house. T...
Chris Thomas
House hacking one Oh one
My name is Chris Thomas I’m brand new here to BPP and I am not the traditional adult. My mom passed away and left me with a large chunk of change most of which is in mutual funds the other half is in a retirement fund...
John Miller
HUD has Kept My $5,000 EMD
In March of 2012 I attempted to buy a HUD foreclosure house. The house was misrepresented as a 2 bath home and had extensive damage not shown on HUD’s inspection or appraisal. After I had my inspection completed I can...
Kyle Gregg
203k Loan Officer misrepresentation, need help!
I am chin deep in a 203k and days from closing but my brokerage company has screwed me good. Please continue reading to get the whole picture...Ive been working with a loan officer for months now trying to close on a ...
Uwe S.
Now I need your advice
Hello everybody,
Yesterday I found a property on craigslist Cleveland, a 8 unit (6 apt. and 2 store front) for only $95k. Building is rented out (month to month) and I can buy this house with my o...
Bienes Raices
Warranty deed--need to use an attorney?
The consensus seems to be that a WD is better than using a quitclaim. Is this something I need to pay an attorney to do or is it fairly straightforward and something I could do on my own to save money?