Robert Greathouse
Lowering rehab costs
I am on this site to get as much info as possible before I even look for my first investment. I would like to use flipping as a way to make enough money to eventually purchase a mid sized apartment complex. I have fo...
Meredith L.
Seller Won't Service Notice to Vacate (FHA Loan)
Hello BP Community -I'm currently in escrow on a 4plex with an FHA loan for 3.5% down. The 4plex is currently fully occupied and the stipulations of my loan state that the Borrower (myself) must be able to occupy with...
Benjamin Sawicki
Tenant moved out 6 months early and left a trashed apartment - best course of action?
Hello all, hoping for some advice on a recent situation. A tenant I inherited when I bought my place (who pays 50% below market rent, and no security deposit or last month's rent via previous owner) just informed me w...
Herbert Wu
How to deal with no showings?
Hi, Recently I bought a new home, but have difficulty to sell the existing single family home - three months on the market without a single showing. What I did so far:- Priced at 700k+ level, but reasonably with sim...
Shane H.
Bend policy on 3x rent requirement?
Hi BP'ers!
I have a rental that I am listing at $635 a month in a C area. I have had several calls on it, and one in particular I wanted to ask your opinion about.
Her and her husband are on SSI disability (I do not...
Kristopher S.
All-cash offers are killing us
We are well qualified buyers who are continually getting beat out by all cash offers on properties in the New York City area. This past week a 1.2m offer on a property was beat out by an all cash offer below asking. W...
Kris Fox
Ethical dilemma (or not?)
I am a hard money/private money lender/rehab-er in my area. I had a lunch meeting with a rehab-er about a project he was considering. He showed me the property he was looking at and gave me all of the details (it happ...
Andres Piedra
Hahaha! Full Panic Mode! ! ! !
HUD just accepted my, what I thought was, TERRIBLE offer on a property! Yikes!
Now what?!
Brandon Schlichter
Cheapest Materials?
Where do you normally go to get supplies to do a rehab?
I'm still trying to find where to get less expensive supplies like Flooring, cabnets, countertops, paint and the like.
I don't have a contractors license or su...
Eric Denson
So frustrated I just need to vent...
It is now day 90 of me trying to buy my first investment property. I'm so FRUSTRATED with my mortgage company I just needed to vent and hopefully someone can tell me to just hang in there and it will be alright.
The ...