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What is the preferred exit strategy for buying and selling homes BEFORE they go to the auction? Let's assume the buyer will pay cash upfront to cover all of the debt owed on the house. What is the recommended exit str...
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Years ago I bought from Builder Direct and had it shipped to me. Looking to do my primary now. Any recommendations on cost effective sources?
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Hi everyone,I am learning about the FHA 203K loan to potentially finance my first flip, but am having trouble finding this info...In Connecticut, exactly how long would I be required to live in a 203K property before ...
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Hi all. I would like to learn the process to get a property under contract for wholesale. I am in SoCal market (LA) and would like to know the legal process to get a off market property under contract to resell to in...
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Hi Folks
I am a newbie in real estate area and looking for passive income sources from Rental Properties. I currently live in NY so would look for out of state option only. Being a Software Developer by profession, I...
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Hey BP Community!I am brand new in real estate! I am trying to find my first fixer upper to resell. Now with that being said I have enough money for a down payment but not for the repairs. Should I go to a lender? Wha...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $160,000
Cash invested: $59,237
I purchased this duplex in rough condition. Restored it to mint condition w...
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Housing Wirehttp://www.housingwire.com/articles/34694-realtytr...Interesting changes in the profitability of flipping (buying - fixing - reselling)
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Hey team!
Heres the basics:
SHORTSALE
ARV: 155-160k
BPO target: 140k(I will be there to do everything I can to influence price)
Target purchase price:112k.
1st of 220k (WF) and...
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Hello BP Experts,
I am about to start a BofA short sale. The property is a 4/2/2 in a good neighborhood. The balance on the loan is $97,000 and the house is worth $100,000 after repair. It will need some updates. I h...