Peter Philando
HUBZU auction won but I'm responsible for removing occupants
Hi All,I just won a HUBZU REO auction which is sold as-is and with no inspection contingency. The property is occupied and I'm responsible for removing the occupants. I would like feedback from the BP community on the...
Robert Andrade
FHA Q:
If you purchase a multifamily that is occupied, I understand FHA gives you 60 days to take occupancy of one of the units. What happens if you cannot get the tenant out within the 60 days? Can you apply for extensions?...
Allen Thomas
Has Anyone Had Success Using Realtybid.com?
There are a few properties that have a lot of potential on realtybid.com but I have never purchased using that site before. I've purchased foreclosures before from HUD, Hubzu, etc, but never that particular site. Do t...
Mindy Heidel
How to fund improvements home equity loan/cash/first mortgage?
I bought the liens on two single family residences at tax sale, the redemption time will expire soon, (and knowing what I do about the owners), I should own both free and clear. One is owner occupied the other is rent...
Joe Cummings
Owner Financing Commercial/Industrial
I have a 9,000 sf truck terminal / shop on 2.65 acres I want to sell. I was thinking about financing the deal. Asking price would be about 250k. Does asking for 50k down seem unreasonable? Also I was wondering about l...
Mitchell Patterson
Have a lead on a pre-forclosure in San Antonio
I was driving for dollars after a home inspection last week when I saw the obvious signs of a nice 1998 construction 3/2/2 unoccupied home near Randolph Air Force base. I was able to track the owner down on Facebook ...
Jacob Reilly
Four-Family Analysis
I currently have a 4 unit house under contract in the small city of Willimantic, CT. I have run my own numbers on this property, and am confident moving forward, but I wanted to put it out to the forum incase I overl...
Julian Acosta
How to get a property you own personally into an entity
What is the best (cost effective) way to transition a VA Loan purchased primary residency, into a rental property in Washington state ?
James DeCosta
Can I get a FHA loan?
My fiance owns one part of a duplex that we live in. Our attached neighbors are talking about selling, could I buy their side with a FHA loan living on the other side?
Ellis Hammond
What do I need to know to Airbnb my San Diego Duplex?
We are considering renting out one unit of our duplex through Airbnb. We currently live in this unit but ready to move out to see more cash flow.
What do I need to know as far as the new air bnb restrictions that just...