We are at the end of our home-building process. My husband and I are the homeowners. I'll break down the math:  $262,850.50 - contracted price of the house with contractor   $53,000.00 - Mechanicals that my husband su...

So looking at purchasing this reo property in my town as a rental. Its an older 1920's built house. Needs a roof, has some knob and tube wiring etc. But looks like I can get it at a great price, only thing is there's ...

I wrote this on the BP blog a couple weeks ago and after several have thanked me posting the article I thought I would add it to the forums to share with those that had not had a chance to read it. In this post, I wil...

What do you do when there is small cracks in the garage floor? Inspector is labeling it as a foundation problem. Just looking for some suggestions

Hey BP Nation, I'm going to show my newbness a bit here.  I've never done a rehab project, and never built a house, so I'm wondering what are the major aspects of a property that create the value on deteriorated prope...

Subject property we are getting ready to fund on in Southern CA I was informed from investor was 1980"s built on a perm foundation with a recorded 433. We proceeded with the loan process. The appraisal came back and t...

Hi, Been lingering, but time for my first post.I went under contract today for a two (maybe three) family I’m planning to BRRRR, it’s older than anything I’m accustomed to and wondering if anyone has suggestions on ad...

I'm going to be building myself a house and it's going to be done around August. Once it's done I'll owe next to nothing on it and want to get a HELOC on it and use it to put down payments on 2 or 3 rentals, then cash...

Hi all,I just picked up a 600 sq ft house in the Regis area. I was hoping to gut it and add 800 square feet on the back but I just learned that it has no foundation!   It looks like it'll have to be scraped. I need to...

I want to hear your most basic thoughts about buying properties with visible foundation problems. I understand there can be a huge spectrum of problems with consequences varying from "can't play a fair game of marb...