What is your biggest problem/mistake/confusion when analyzing a deal?
Hey BP!I’ve got an issue with a foreclosure I just bought today. I won the auction and paid for the property there. Then I drive by the house and there’s an investor company (something like “we buy run down house”) si...
Hello Providence!So I am looking to buy my first property (ideally sooner than later) ... My timeline could be 3-6 months if I went conventional, or much sooner if I went FHA through Rhode Island Housing. I have a few...
How much in closing costs on an investment property loan should I expect to pay?
I'm closing on a turnkey in Memphis soon.
Hello everybody,
Yesterday I found a property on craigslist Cleveland, a 8 unit (6 apt. and 2 store front) for only $95k. Building is rented out (month to month) and I can buy this house with my o...
I just got a title report on a property that has judicial liens that is forcing the foreclosure. The property's mortgage is NOT in foreclosure. I was pretty sure I understood that mortgages are senior to other liens...
Looking for feedback. I have a lease with a renter who moved on January 19th. After moving him out, his mother moved in and changed the locks. The police were called to remove her as trespasser, but the officers wo...
I am currently working with a seller who owes 70k on his mortgage. His house is assessed at 63k. It has a finished upstairs with 2 bedrooms and a bathroom but isn't added to the assessment because it doesn't have A/C....
Has anyone ever dealt with "Fund that Flip" and care to leave any feedback?
Hi everyone,Let me start by clarifying that I am inexperienced and this is my first attempt at finding a tenant for my first SFH. That said, please don't assume I am acting foolishly either - I have been very careful...