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Good day everyone! I am currently planning on buying a second primarily house using a VA Loan this time. I want to buy a house that's bigger than what I need to rent out the extra rooms. Can you please share pros and ...
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Good Morning BP. Quick Question. I've been purchasing properties for the past year and waiving all the contingencies on the agreement of sale. I hear people leave themselves different caveats in the contract that coul...
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Hello,
I have heard of a strategy that goes as follows. On an REO property with other offers when trying to negotiate with the bank you present a strong offer to hopefully go under contract with an inspection conting...
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I would very much like to hear from BPers who have had lengthy, crazy contracting (by this I mean putting it under contract, nor rehabbing lol) and closing proceses on their properties.I'm currently "in the middle" of...
We're under contract on a primary and we were just notified that the basement flooded. The entire basement has a sheet of water after an unprecedented heavy storm. Sellers sent photos through our attorney. What kind o...
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Hi All. I made an offer on a small home that was accepted. It was a $78,000, 1920 home, 2/1/980 sq. ft. and on a 9543 sq. ft. corner lot. The area is really beginning to move and very little is for sale. I offered...
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I have a decent amount of duplexes that I’m selling so I can put the money into a different RE venture. Before I put them on the market I let both the leases end, update, and make them move in ready. I have only had...
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There is a house nearby that is occupied. Foreclosure for sale.
I just want to hear how that worked out for other people. I like the house (from the outside pics) and the location is ok. But its occupied and sig...
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I have a lender that will loan me up to 70% of the ARV of a property. That 70% is only applicable to the Purchase price and rehab costs. My concern is that if i estimate the ARV over what the bank says it's worth I n...
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Hello!So I have found a for sale by owner deal that I would like to make a cash offer on. How do I structure the offer so it gives me time for contractors to come in and give me a quote on the rehab costs? How do you ...