Hello everybody. I am considering putting an offer in on a HUD home in the Houston area. It's a 4 bedroom 2 bath, about 2500 square feet with a pool and spa. Really nice home. It's been inspected by HUD and everything...
I have recently submitted an offer on a bank owned (Bank of America) property. It has been over a month and I have still not heard anything back from the bank. Should i move on? I'm new to this process and don't hav...
Hey BP,
Was just contacted by "freedom mentor" and spoke to an intelligent enough gentle man. I'm eager to get started in investing and would like to have a mentor. 15k seems a little too steep to me right now for a ...
Hey BP, I know a lot of you guys are bidding on REO's, and I know that you guys always state an offer is more likely to get accepted if there's no inspection period, no financing contingency, etc...
I wanted to know ...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $194,025
The Sellers foreclosed mid-transaction and even had to lawyer up to get their lender to look at the Short Sal...
Hello fellow BP members! I have been bitten by a case of analysis paralysis. I have identified what I believed to be a few good deals only to drag my feet and lose out on the ability to submit an offer due to the pr...
A turnkey home for 100k renting for 1k (1% rule) would net you worse than the stock market 16 years later. I went back through my 1099s and calculated my return and estimated closing costs, federal taxes, capital gain...
Hi BP,My husband and I have been fans of the BP for a hot minute, and finally feel ready to start acquiring properties. We’ve made a few offers and none have panned out so far. I am wondering if y’all could provide so...
Hi there,
I've read all about what types of offers to make to banks for REOs, but I have questions on the most basic aspects of the offers:
1. HOW do you make an offer specifically? Do you call the listing agent an...