During the due process period, can one back out of the contract without any repercussions ? I know you have 30 days to have the property inspected etc. I’m just curious as to wether or not you can back out of the cont...

Under Michigan law, the "purchaser" who brought the house at the foreclosure sale may inspect the home during the redemption period. Am I considered the "purchaser" since I brought the home from the bank and would I b...

 Has anyone been able to extend REO purchases from banks inspection period from 7 days to say 10 days in the state of Florida? We are about to put in a contract on this property but our funding company requires 10 day...

I acquired a property at a sheriff's sale, but the owner has a history of coming up with the money or selling her redemption rights during the redemption period. Do I need to get title insurance and property insurance...

Hey investors, I am thinking about biding on my first REO house.  The auction ends in two weeks, however the redemption period doesn't expire until 02/15/18.  If I win the bid and close on the house in the month of Se...

Hello,

Can someone please verify the due diligence period for a hud property? I see from the posts it is 48 hours but the below document states it is 15 days. So which one is correct? Thanks in advance.

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HelloI wanted to see what kind of budget do you need to keep aside for expenses and vacancy periods. The townhouse i ma looking at is getting renovated completely by the seller kitchen top counters , floors , paints e...

Hi, are there any lenders that do refinance within 6 months seasoning period while using full ARV for appraisal? TIA

Good morning BP,
I was reading this article Felipe Mejia posted about BRRRR for beginners, and it said this about the seasoning period. 

Is this typically true? I've never done a BRRRR, but from what I understoo...