We're seriously considering a 2 br 1.5 ba condo, listed at $39,900. Needs about 10-15k cosmetic work. Resale would be 75-80k. The catch?  Of the 32 units, 12 are rented, so underwriting could be a problem for buyers w...

We have a flip that we are doing here in Metro Detroit. We listed the house for $125,000 and have had multiple offers within the first week. We accepted an offer at full price with 5K in concessions, netting 120 (FH...

Hello BP,

I have a question regarding a HUD home my wife and I put an offer on a couple months ago. Our offer was rejected, but last week our realtor notified us that our offer was accepted as a backup off...

My LLC made an offer on a 2 bedroom 1 bath home in Albert Lea, MN.  The home needs a $1500.00 sump pump and about $1500.00 in roof repair.  Other than that, it needs nothing.  Similar homes in Albert Lea sell for $55,...

I didn't see any post like this recently on BP forums so I thought I'd ask.1.) Its obviously a very hot market right now and one of my options is to find a house that's been on the market for too long (90+ days) and g...

Hi everyone,2 weeks ago, I got a call from my realtor that my offer on a triplex had a good possibility of being accepted. The deadline was last Monday, and we expected to hear something either the following day or We...

I'm in the process of making an offer for a Fannie Mae Property. Just received a rather long (17 pages) Addendum to the Purchase Agreement from the realtor. 1. Para 4a requires a declaration whether the property is or...

Hi BP, newbie investor here...well, been actively looking since the beginning of 2016 but no contracts signed yet.  After making more than a few offers on properties so far this year with no results yet, I decided to ...

One of the biggest blockers I have seen from potential investors has been them not having enough capital to get started within owning real estate. If you do not have enough capital for a multifamily property then here...

Hey BP,

So I just had a bid accepted by the seller of a short sale property. Being a newer realtor, I am somewhat familiar with the short sale process but was curious if anyone can offer any insight from the ...