Mark Ferguson
HUD bid period timelines
I keep seeing posts on the HUD timelines and a lot of people have different ideas of the bid periods.
HUD has the same bid periods in the entire country but they can vary according to property type.
1. FHA insured...
Megan Hornyak
Pre-approval for multi-family properties
Hi everyone! I am looking at purchasing 2 multi-family properties and they would be my first investment properties. I have 20% down and excellent credit and am looking for conventional mortgages. When buying an in...
Philip Bennett
What are more creative ways to find a down payment?
I've got my eyes on a couple 8 unit complexes, but I'm about $50k short to come up with the 20% down payment and 6 month rent retainer. Any suggestions for a new guy to find money?
Saika Maeda
Buyer Agent's commission and tax write off
Hi all,
I'm about to place an offer on a property with an ADU, which we plan to rent it out.
I understand that if I rent this ADU out, then I can have a tax write off on the mortgage payment and insurance payment ...
Brett Alphin
Successful HUD Bidding Strategies
Hello BP, I wanted to share some tips that I've learned about making winning bids on HudHomeStore.com. This strategy is good for when you know you want the property, it's priced correctly, and you want to buy it for a...
Tom Vallatini
owner financing
Hi I am looking at a deal listed for sale with a realtor. I wanted to ask if the owner would look at doing owner finance. What is the best way to approach the realtor? New to this site thanks Tom
Will Gaston
Negotiation Books: What Are Your Favorites?
All:I just had an investor friend casually mention to me that he had just left a negotiation with a seller in which he saved $10,000 on the purchase price. In one hour.That's an incredible return on his time. And it g...
Phillip Garcia
Are buyer requests overboard and a little absurd??
This will be my first home sale. I listed this beach home 2 bed 2 bath with a loft one block from main entertainment strip in Long Beach Washington for 225k buyer offers 205k I came back at 215k in hopes of a 210k cou...
Rosetta F.
LLC
I'm ready to go out and start wholesaling, but I wanted to know should I get my LLC license first before I make any offers?
Jason W.
hubzu- Traditional sale
i put a bid on a house that was a traditional sale, which had a listing price of 250,000 and a minimum starting offer of around 210,000. i offered the minimum as it needs alot of work. someone placed a bid of 210,50...