I found an REO that I am interested in flipping. I will be living there while I do the flip, with a schedule of 1 year to complete. I see that for NOO flips you should try to purchase so that you're at 70% ARV all s...

Hi everyone. I'm new to BP and new to REI in general. I'm looking to do my first deal and currently have an offer in a 6-unit multi-family house. Seller asking $140k with gross profit of $31k and net with $19k(w/o dep...

Hello BP friends and family,

For the last week or so I have been working on a deal that was going to the foreclosure auction. I have attempted to heed all of the advice given here and also from others outside th...

Hi, I am looking to make my first deal on an owner occupy. Goal is to live there with an FHA and rent it in the future. Second option would be to sell it at a surplus.

Property List: $120,000
3br/1ba (standard for ...

Hey BP Friends, would you mind helping a low experienced apartment investor out?

This year I am wanting to start investing in apartments and this deal came to me today, after my inquiry, and it is 18 of 70-8...

Hi,

After considerable re-evaluation, I forfeited the idea of investing in a multi-family. It's really too much trouble for me at this stage. Somewhere down the road I will reconsider but at the mean time, ...

I have a buyer requesting the address. A couple of questions.....

1) Do I state up front that I am simply facilitating the transaction for the seller?
2) Do I give them the address without making them sign some type...

Hello,

I just came across a deal, not quite sure if it's a bank owned but I believe so because that's who's listed on tax record.

There is 2 houses each on about 1/2 acre 3 doors down from each other. One is a 3bdr...

I found an REO that has been listed on MLS for 12 days now. The Bank took bank possession on 02/02/09. I am new to this as I have never bought a foreclosure before and not entirely sure what to expect. The house built...

I'm looking at a multi family house, both units have two bedrooms living room kitchen, house is in good shape and there is a nice back yard. The price is right but I'm nervous because the bedrooms are tiny and there i...