Chad W.
To sell my house?
I need a sanity check, or more what am I missing. In Raleigh NC. I bought the house in March, the house next door just closed for 130K more than what we paid. It is 4/2 and 40 sq ft larger no garage. Mine is 4/2.5/ ga...
Will Porter
Sellers cash-back repair money on *below market value* house
It's my understanding that using seller's cash-back is fraud when you are inflating the price beyond market value. Here's an example:Scenario 1
FMV: $300,000Sale Price on Contract: $350,000Cash back from sellers for ...
Nick Troutman
Section 8- Good or Bad? What do I need to know before buying?
I am interested in some section 8 housing. Is there any underlaying information about section 8 housing that one should know before going down that road? I feel like it is a great investment, though I'm not sure if I'...
Haritha N.
Please help me understand these listings and returns
Hello All,I am going through BP marketplace and came across some listings. I would like to post my analysis on these deals here for your feedback. I hope it is allowed on the forums. Mods, please feel free to remove t...
Matt W.
First pre-foreclosure all cash purchase-how to protect myself
Hi BP, Like everybody I'm searching for off market deals. This is in my town of Wilmington, NC and any investment grade houses below $150k sell very fast, usually for what seems like too much.I found out about this ...
Danny O'Bannon
Am I calculating my costs right?- Rehab
Here's the numbers for my flip I just picked up:
Purchase: $58,000
ARV: $118,000
Profit: $32,000
Does this look realistic. I am basing the rehab off the following cost with an Estimated hold...
Alex Tang
Security Deposit for Sellers who are temporarily renting?
When a Seller wants to rent out the home until their new place is ready, is advisable to charge them a security deposit? Since a walkthru prior to closing doesn't sound useful, would a security deposit offer similar p...
Marianne Marzolla
furnace... One or two for Old Detroit home
My partner and I recently purchased a 1300 sq ft home in Detroit's Bagley neighborhood. It was built in 1929 and needs a complete rehab. The system is a boiler and all the radiators are missing. We had the heating sys...
Lynn Middleton
Auction.com in person bidding experiences
Hi. Can people share their experiences, good and bad, with Auction.com auctions that are in person only, such as in California? I have read a few posts about the online bidding process with ghost bidders, etc. How...
Steven Silva
The Nightmare Buyer Experience - Lesson Learned
I just had to share a lesson we learned to hopefully help others be aware that this does happen and the solution is EASY. Recently we realized not all buyers are flexible as most regular human beings that were hugged ...