Scott Lepore
failure to disclose known defects
I bought a house "as-is" but isn't the buyer still required to disclose known defects, and if they don't, can I sue? I was opening up a wall and lo-and-behold, the previous owner had dug out the crawl space to add sq...
Ronnie Galindo
Tax, Mortgage, and other liens
Hello BP, Question, has anyone bought a property that had liens that amounted to more than that of the property value? How hard was it to get through that and how much time did it take? We found a perfect live in hous...
Eric S.
What would you do scenario...
Let’s just say that there was a theoretical rental property owner that had 7-8 SFR and Multi-family properties that were all owned free and clear and these properties all appraised at close to $1.5 M. If this was the ...
Robert Haworth
Seller Underwater - How to Rescue?
How do I buy the following house the right way?
End-unit twin in Phoenixville, PA 19460 was on-market in Spring 2013 for $139.5K in challenged condition. Sat for 260+ days, moving on and off. Believe seller g...
Tracie Van
Squatter in Home - Any other way to remove her than eviction?
I am asking this for someone else. An elderly woman was allowing a temporary guest to stay with her. The women was homeless and living in a hotel with her 8 year old daughter. Homeowner she felt bad and offered a temp...
Marilyn Muckerman
How to proactively address piering & cracks w/ listing's basment?
I have a listing at 310K that is in a most desirable area but the owners had some major repairs done to the basement to keep it from leaking 2-3 decades ago. We had the Contractor come out and review their work..which...
Cesar Lara
Direct Mail Campaign for House Hack - Memphis TN
Hello fellow members, The time has come for me to start searching for my first property. I'm looking to move in the next 6 months so I believe this is the right time to start. I have been watching the market and disco...
Cameron Lee Brown
Creative financing for a motivated seller
Hi all,I have a friend who is very motivated to sell his house as he has already moved out of state. I'm currently evaluating if I can make it work as a buy and hold property to expand my portfolio, but I don't have t...
Shelley Austin
Any case where owner financing makes sense?
Purchased property for 390K, put 15K into rehab. Home now worth 550+. Would like to sell and capture gained equity, also cash flow is not great and the house needs more work. Long-term renters want to buy at 550 as is...
Scott Taylor
Creative finance Fix & Flip - Avila Beach CA
Investment Info:
Mobile home fix & flip investment.
Purchase price: $500,000
Cash invested: $70,000
Sale price: $725,000
Creative financing purchase, fix/flip with retail sale.
Sub to
Owner...