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What is FHA's 90 Day Anti-Flip Rule?Question: What is FHA's 90 Day Anti-Flip Rule?For a number of years now, FHA has enforced a 90 day anti-flipping rule which prevents an investor from reselling a home to a buyer usi...
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Last week I was in Kansas City, MO to meet with turnkey providers and get a better feeling for the city and what is available. Due to personal constraints I was only in town for 3 days which, while enough for initial ...
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BP Community,I live in the Denver Metro city of Centennial, Colorado. It boggles my mind how many contractors come to do a site walkthrough, promise to provide an estimate within a few business days, and never send i...
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Hi! I have the opportunity to make some loans to a home flipping business in FL (structured as an LLC) secured by first position mortgages on residential real estate. I've looked through the laws myself ( http://law....
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step by step on what paperwork do you need to present to an investor.
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I am just starting out.
I have done research all during 2013 on how this process works. I have visited many single family homes in my area listed on the MLS with the intention of buying them on the spot if I ...
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Hi
I have a question regarding calculation of Administrative cost. The lease states that the tenant is to pay 15% of "all of the foregoing costs as an administrative expense" under the "operating costs". Would this i...
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This past winter my business partners and I purchased our first out of state property (8 units in Kansas City) for ~300K. This first year we are making many upgrades and will not turn much of a profit. We are planning...
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when buying a multi family property whether a 25 unit or a 60 unit. what percentage of the purchase price is typical to pay in closing cost?what are typical closing cost other than what I listed below?Title, inspecti...
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Hey everyone, I am a rookie investor who has recently started to build my team in the area that I'm looking to invest. I wanted to come on here and ask all the experienced investors the best and most important questio...