Brad Crumpton
First foreclosure contract - worried lending in 6 months
Wife and I are recent entrants into REI. Bought our first property last year off MLS and turned it into a BRRRR project. Now looking for our 2nd. Got a contract on a USDA foreclosure on MLS, but it's really borderl...
Rick D.
How Exactly Does a FHA 203k Loan
Can anyone point me to a narrative that explains exactly how a FHA 203k loan works? Is the process flowcharted out anywhere? How much repair can be financed? Do you make IO payments during construction? etc.
Thank...
Lisa Mauritis
making an offer on a property in Florida without a realtor
Hi BP Community,Can any one tell me which of the contracts In the BP Resources File Place I should use to make an offer on a property (non mls) in Florida? Also, do I send the deposit directly to the title/closing ...
Rick Barbato
Who is Itemizing taxes?
Can anyone tell me if itemizing investment property expenses makes a difference now with the new tax reform?I claim my wife and two kids. I have two duplexes and understand it that if I spend less then 24k in expense...
Maya Eshel
Purchasing Tax Delinquent list
I'm trying to purchase Tax Delinquent list from my county (Indianapolis),They told me there is a Tax sale on October and the list is posted 30 days before that.Is it possible I have to with so long for the list?Or are...
Trey Beltrand
Connecticut Cash Cow
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Bridgeport.
Purchase price: $298,800
Cash invested: $15,430
Triplex
9 Bed
3 Bath
$4,648 Gross Rent
Ndy Onyido
What is the ideal annual property management and vacancy rate?
BP Nation,I am considering picking up an investment property from a turnkey company. Turnkey, because I am an out of town investor. However, the terms include 10% management and vacancy rate, which I find absurd. Does...
Joseph B.
Buying a Section8 property
Considering buying a Section 8 - multi-family property, mostly 1b/1b and some studios. Im looking for information on how can I best predict the monthly rent for the section 8 units. Thank you
Account Closed
Contractors in Chicago
The other day I had a good friend that reached out that wanted a property to flip.I have a deal that we are working on so he had his contractor walk through. His GC quoted 67,000$ for the job. 18,000$ of that is for 2...
Marc Izquierdo
Speaking to one of the multiple denied applicants about denial
Hi Everyone,I am denying two applicants (co-applicants) that applied for one of my units. The two applicants are not married. I mainly communicate with one of the applicants. After I denied them, she is asking for ...