Dave Versch
How and when to get utilities turned back on (NJ REO flip)
Hi, I have several properties I'm considering making offers on for my first flip. I've been very thorough with my numbers, gotten estimates from qualified contractors, and I'm confident that I'll be able to make a ...
Long Di
Red Flags on Property Walkthrough
First timer here, just did my first in-person showings this last weekend. For the more seasoned investors, what questions do you ask during a walkthrough? What things do you look for? What are the red flag signs that...
Ken Robinson
Lease Breaking Scheme
Hello,I am wondering if anyone with knowledge of Maryland Law could provide some advice. I am a contractor who flips houses as well so a good knowledge of buying and selling. Unfortunately a not so good knowledge of b...
Mauricio A.
Mechanical Lien Query
Hello all,
I have an investor friend who is retired and I was helping him to obtain a roof contractor to fix a leak in one of his properties. We contacted one roofer who came out and gave a written estimate for th...
WIlliam Hernandez
Live in flip with conventional ARM
My background includes renovation, construction and apartment building property maintenance/management. I want to buy a house that needs work and do a live in flip.This will be my first home and I pre qualified as an ...
Alex Silang
Buying a house with mold in the bathroom
I've spent an hour doing internet research. Apparently mold health issues are exaggerated and removal services are oversold and often a ripoff. But I still do not know what to do. I am inspecting a possible purchase. ...
Nikia Johnson
Reporting Bird Dog Payments
Hello all, I am looking into paying bird dogs for fees for leads closed but I want to make sure I am handling it properly. I would assume they would need to be 1099 for that income so that it is not viewed that they a...
Ryan Johnston
Repiping increase the value of the house?
I'm in the middle of a house flip and I need your help BP!I bought a house with galvanized pipes and I'm in the process of getting plumbing quotes. They are all telling me that I need a re-pipe from the city supply to...
Chris Parrish
Deal says "Cash only" but was able to get Conventional financing
Last Spring we purchased a single family home in Sandy, Oregon that said "Cash or rehab loan only" in the private remarks of the RMLS. After going and checking it out, I realized I thought it had a good chance at gett...
Joe Sadusky
Damage to HUD house before closing - Radiators exploded
Hey guys, I am about to close on my first HUD property and have a question that I'm hoping someone can answer for me. The appraisal was just complete on the property yesterday. We got the report back today and found ...