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How to buy an auction property?
This is probably a dumb question, but I have been looking into auction/foreclosure properties and am not sure if I have to pay cash or how that works. Is it possible to just get pre approved for a loan? Could someone ...
John Guy
Options on raising capital?
Greetings!
First off, extremely grateful for the BP community. A full year of reading BP material and listening to podcasts has put me in an incredible state of paralysis analysis and I need some guidance on my next ...
Matthew Porcaro
Closed on my first Duplex using a 203k loan! Here's my experience
Hey everyone! So yesterday was a relieving culmination of 3 months of a lot of headaches, stresses, and monotony getting this 203k loan approved; but I finally did it! I hit my goal of finding and buying an investment...
Brian G.
Little I knew that the Puerto Rico rental market is on FIRE...
We where faced with the challenge to rehab or not a property we own free and clear in Puerto Rico. I am originally from there... This is a class C+ neighborhood in the Carolina area near a regional hospital. The econo...
Liz Rogers
Our Realtor is telling Us our house won't sell for what it is worth because of foreclosures??
Hey BPers!
My husband and I have a house in VA and we live in Kentucky. We are working with a realtor who did some comps for the area and told us we won't be able to sell the house for what we want because there are ...
Michael Thoma
Any successful house hacking stories from Houston?
Any successful house hacking stories from Houston? I'm in the market and looking but it's not looking good. Prices too sky high and numbers don't work. I am not trying to gripe because I know I will need to MAKE the d...
Ronald Friesen
Afraid to make the plunge
Since I lucked out and found BP, about 6 weeks now, I have been reading everyday at least 3 hours trying to learn as I know nothing about real estate. I've read J. Scott's books (fantastic) and have listened to se...
Ryan W.
Oil tank risk on Sheriff's sale property
I am considering a bid on a sheriff's sale property. I have determined my max bid, but have reservations because of the unknown oil tank risk. I have gone to the town building department to see if there is any record...
Nick J.
Man arrested after stripping his house before foreclosure
http://www.myfoxphoenix.com/dpp/news/surprise_home_stripping_06_09_2009
Luca Mastrangelo
Cash out Refi - Want to tap equity
Hi everyone, this post is about my parent's situation. They own a 4 family property. Property is zoned as 4 but they owner occupy the renovated attic suite which has 4 bedrooms , 2 baths and 2 large common rooms. T...