We are thinking about buying an REO property through Hubzu which has been vacant since 8 years. It is a townhouse which was built in 1993. The bank told us that no inspections are allowed and we cannot go inside the p...

We've been renovating a house that has extensive termite damage (not recent) and I'm working under the house replacing sections of joists that have been eaten up. Got a phone call today from a woman who is looking...

Can I brrrr if I FHA?

Hey BP!
I’m looking into sources to fund my BRRRR deals and the agent I’m working with  referred me to a mortgage broker. You read a lot about how BRRRR deals can’t be funded by banks for the condition they are in, a...

When people purchase a house and go through a large renovation (new roof, rebuilt hvac, etc.) what is a good percentage to set aside for vacancy and repairs?
Also, if one were to have say 5k in reserves, should the i...

Hello, my renter is moving out in a week. What is the process I need to follow? Meet him at the property at the last day and do a walk through using the property Condition form? take his house key and the  garage door...

I just received a letter stating my tenant is moving out in 30 days. And I haven’t been through this part of landlord if yet. I’d like to do showings during the month to not miss a months rent when my tenant does move...

I have a property that is free and clear that I want to get refinanced with a conventional mortgage. Currently it does not pass underwriting guidelines because it is a duplex that is zoned for single family. I am in t...

I am looking at closing on my first deal (live in flip/rent) in the next 30 days. I have done loads of research and I’m just about ready. BUT, I would like to hear some input about people’s experiences with older hous...

LOAN TERMS AND CONDITIONS – Noble Finances   this seem too good to be true  2 to 5% interestEnglish not quite right  ?