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Got an offer accepted on a property, home inspection showed some pretty big concerns, but my realtor says I can’t negotiate further since the seller is selling AS IS? Is this right? If so any other thoughts/options ve...
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I just saw this on a FB group. Thought I'd share for those that might ever need something like this. Thoughts on this? I almost needed it with my last guest.... :-)UNHAPPY GUEST response: Dear Guest, Home is where the...
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Hey BP,I recently purchased my first duplex to use as a house hack. I have separate bank accounts set up for the property but was wondering if I should get a credit card as well? There is about $10-15k of rehab work...
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So I went to Than Merril's free seminar for flipping houses Feb 10, 2015 in Detroit MI. While I did learn a lot at the event, I was a little overwhelmed with some of the vocabulary words they used. Well at the end of ...
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I'm in the beginning stages of looking to buy a multifamily in the 100-200k range (or <100 if I decide to try a renovation). Haven't decided on a market yet. Has anyone had experience with using FHA loans, did it h...
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Hello! My wife and I are looking to start flipping houses (we’ve been discussing it for over a year). We see our first prospective property this Friday. What advice do you all have for first timers? What general items...
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While I wait for my attorney to call me back, let me try here if anyone is familiar with Fannie Mae contracts.
I got an offer accepted and now are swimming through this messy process.
First of all ab...
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Hello BP family, I need your help. We're in a process of closing our 1st deal on condo. Going through an inspection right now and our inspector tells us the a.c. unit is about to have it and it's the end of its life, ...
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If a seller is offering monetary concessions to close a deal, is it better to get a reduced purchase price, or apply those concessions toward cash to close?
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I am very savvy at calling contractors to get pricing on jobs where there is ample time. However, I am struggling to find an accurate way to estimate rehab costs if I only have say 24 hours to see a property and run m...