Back in May 2014 I foreclosed on a house in Mississippi for none payment. I was in the second lien position and after the foreclosure the bank in first position refused to work with me in bringing their loan current. ...
What is the process? I live in a rural area 30 miles west of Winston Salem, NC. And in my area, I have noticed that there are almost 1:1.5 (mobile : site built) homes. Economically its based around Farm/Factory work, ...
Here is a story with lots of nuggets. But the take home.. there will always be obstacles. Charge through them.
We had a delay in closing and for a minute didn’t look like this house would get closed at all.
I canc...
A termite company found extensive termite damage on the deck of our house and is offering to do a repair/remodel and bringing it up to code for $15,000. Our deck is very old and needs a lot of work, but this still see...
Investment Info:
Single-family residence fix & flip investment in North Oaks.
Purchase price: $470,000
Cash invested: $80,000
Currently renovating our own home to eventually flip. It’s a 4 bed 3 ...
I received a call last week, off a mailer, from a very motivated seller two towns over. The couple is 3 months late on their mortgage payment, and their daughter is living in a home a couple of blocks away not paying...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in College Station.
Purchase price: $155,000
Cash invested: $38,750
Taking down the old meringue stucco and adding new fresh ...
Hey BP real estate geniuses, help me analyze this deal. Pick it apart! Buy or walk? or, what would you offer? 16-unit building, growing population near big city..I offered 875k cash, but owner is stubborn at 1,080,000...
I would like to hear some feedback from the members.I have an opportunity to purchase a 30 unit building in my Niche area. It is more then what I would like to pay per unit and the CAP rate isn't as strong as I would...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $125,000
Cash invested: $105,000
Sale price: $425,000
Contributors:
Peter Vekselman
Partner Dri...