So, my friend is closing on a "Officer Next Door" (half price) property via HUD in Los Angeles. The house needed repairs so the standard hud loan did not work. He was placed into a 203k loan. He is about a week from c...
Hi I am looking to purchase a 4 unit property in Philadelphia. Currently it is a (3) 1 bedroom and (1) studio mix. It is zoned residential RSA5 but it is zoned as a 3 unit. Can anyone share some insight on the risks o...
Whenever I list leases/rentals, my phone gets blown up with applicants asking if the landlord accepts section 8. I have yet to represent a landlord who has accepted a section 8 tenant. I know people who invest in Roch...
Hey BP,I recently contacted an RE agent in my area to assist with the acquisition of a new property. Based on the conversation that I had with the agent, he is not very familiar with the area that I am targeting. Furt...
After months and months of looking, putting in offers and things not working out for various reasons, my wife and I have finally made it to the end stages of buying a home. Definitely a marathon and not a sprint...
I posted a thread in the Real Estate Deal Analysis forum, meaning to post it here. I just realized this a few minutes ago after waiting all day for responses. No wonder there weren't many responses, this forum is mu...
In 2018, I discovered a tertiary market in Milwaukee and began investing in real estate there (I live in Los Angeles). The town had been depressed for decades, with very low prices and minimal demand, mainly due to th...
I have a seller with fairly low equity in a growing area of a suburb nearby. She really needs help and the only theoretical way I see it is through a lease option, then assigning to a tenant buyer. The margins are too...
Hi All, Writing with a question on a fairly specific situation and hoping someone may have some insight on how to proceed - we are first-time homebuyers, looking to purchase a single family home (house or townhouse) i...
Has anyone ever used a company to attend foreclosure sales and bid on their behalf? If so what were the fees for this service? What ground rules are normal?
Thanks