Account Closed
How to buy an auction property?
This is probably a dumb question, but I have been looking into auction/foreclosure properties and am not sure if I have to pay cash or how that works. Is it possible to just get pre approved for a loan? Could someone ...
Richard D. Sanders III
Buying Foreclosures Before Auction
Hi,I have a friend who works for the banks on their foreclosures. His job is to go into a house once they have been foreclosed on and submit a bid to fix the house up. He is also in charge of keeping the lawns mowed f...
Andrew Smith
Should I still bid property? Cold feet...
Found a nice $80k property that apparently was rented out for $1100. 1% rule check. Did some calcs and seemed like a good idea. Bid $75k (why not I thought) then got outbid with cash offer. Kinda bummed.
Now, similar...
Jermaine Chad Ingram
Chicken or egg? What do I need first?
Hello everyone I have a process question. I’m currently partnering with a contractor and I am awaiting an estimate on the house that we’ve drawn out. Should I have an architect draw full MEP plans of the house before ...
Jason Mak
Contractor Rant
Few questions for the BP community:1. How do you deal with a contractor that asks what other estimates have come in at and then either matches the price or beats it by just a little bit, then expects to win the work?...