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What is FHA's 90 Day Anti-Flip Rule?Question: What is FHA's 90 Day Anti-Flip Rule?For a number of years now, FHA has enforced a 90 day anti-flipping rule which prevents an investor from reselling a home to a buyer usi...
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Hi there, I'm a longtime lurker and investor who has gotten tremendous value from this website, the podcast, and the books. After bailing out of buying two duplexes last week and speaking to several RE veterans, I cam...
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Hello,I'm based in Bakersfield, CA and recently put an offer in on a condo. Unfortunately I was beat out by an all-cash offer but this one was the first "deal" I saw that actually had respectable forecasted returns. I...
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As we look forward to 2023, there appears to be a discrepancy between the perceived tail risk of inflation by some investors and the expectations for inflation as reported by the Federal Reserve Bank of St. Louis. Acc...
Looking to invest in PA. As properties become available to tour will sellers be more likely to negotiate on price after having to wait so long to sell their property?
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Hi everybody I think I would rank myself as a medium small investor I've done a few flips and have if you renters and of actively pursuing the expansion of my portfolio.
I was trying to think of ways that I could a...
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Hello BP community, I am in need of advice on whether to keep or sell a condo (2 bed, 2 bath) in LA (Frogtown/Elysian Valley) that I purchased in 2017. Complex was built in 2017 so no rent control.Purchased $480,000,...
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Last year, I made an off-market house purchase next door to me to start a BRRRR in an A quality tenant area. The seller/neighbor was interested in selling but staying as the tenant. We worked out a sale price and ren...
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Hi,I am looking for some tax guidance on my first ground up construction. In this scenario, say I acquired the property for $1M and the city tax assessor has it documented that my land is worth 900k and the building i...
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I found a 3/3 fix-and-flip property in Miami. The house is in good condition, and the rehab cost will probably be around 40-50k. It has a pool and a nice backyard. The selling price is $700k, and the ARV is around $93...