Ethan Gidcumb
Who offers a Loan based on the After Repair Value (ARV), of a Fix and Flip?
Hi!
One thing I run into often are borrowers who are looking for loans based purely on the After Repair Value of a Fix and Flip investment. Because of common marketing strategies by the industry, their expectation is...
Story Moller
Termites: Deal-killer or not?
Hey guys, This is my first post on BP. I am a new investor in Mississippi and am in the process of the closing my second deal. During the inspection period we discovered termite damage in two of the rooms. My contrac...
Stephen G.
CONTINGENCY CLAUSES: An Advice and Discussion Post...
Hello Everyone,Thank you for taking the time to read this post. I'm currently in the market for purchasing another investment property (multifamily) and am looking for good contingency clauses to insert into the sales...
Kevin Craig
home inspection
If I'm wholesaling or doing a subject to deal when should a home inspection come in to play. Should I be doing one before I put the property under contract, or after.
Should I pay for a home inspection and if so ...
Deanna Kiser
REO list price question
Hello, been reading for a couple days without finding an answer to my exact question, and because I'm running out of time, I'm asking though I'm sure further searching might help:Is the REO listing price (on MLS) ever...
Kim Cruz
Tax Deeds- PA
Hi, I have been researching investing in tax deeds. I am located in PA.I understand that in PA there is first an upset sale where mortgages, liens, etc will not be wiped out. Then, the properties that don’t sell go to...
Steve Fitzgerald
What do you look for in a property management company?
Why are your criteria to define what a good property management company is? What are your non-negotiable?What are the red flags?
Jody Davis
REO Listings
I'm looking at a property that's been listed for 225 days. It is owned by a local bank that is itching to get it off the books. Through the grapevine, I know they are getting ready to lower the price down from $35,0...
Ben Hays
Have you done a risk management walk-thru of your Smokies cabin?
Hello Smokies investors! I wanted to introduce myself and my company, Handy Central, to everyone. We specialize in "all things repairs and maintenance" for STR investors within a 30-mile radius of Gatlinburg.
When...
Darren L.
Triplex first buy, first post
I'm looking at this local triplex in a good area more like a house with a yard and in good condition with one 3 bedroom one 2 Bedrooms, one 1 Bedroom... I Can buy this deal for $340,000. The income is $3420/$41,000 a...