Sabina Hasan
FHA Asbestos safe for child
Hi,I purchased a old home under FHA 203K and it was approved but I found out that the whole siding is wrapped in asbestos shingles and that the Radon level in the basement is 30 psi which makes it only 10 psi on the 1...
Johnathan Williams
Obtaining possession on vacant tax liens/deeds in Alabama
I have several tax lien/deed properties that I have received price quotes back from the State of Alabama. Several of these properties are OBVIOUSLY vacant (dilapidated, piles of garbage everywhere, obviously have not ...
Taylor Robertson
Should I wait to start paying closing fees until after verifying property condition?
I am under contract for a duplex. I viewed the vacant unit last week, which was in excellent condition. The other unit is currently occupied, and I plan on viewing it this weekend because the seller’s agent wouldn’t a...
Dan Grove
Assumable mortgage Question
Hey all,
I am going to make an offer on a house that has an assumable FHA mortgage at 3.1%. The sale price is $200,000 and the loan balance is $142,000. The lower rate obviously has a huge impact on the returns. ...
Account Closed
It's Time To Sell, Not Buy, Says Bond manager Mark Kiesel
Hey, I only report what he says ;-) But you know, "things are different this time". Lol*****************************************************************************Investor Who Called Housing Top and Bottom Says It's ...
Daniel Gonzalez
When do I pay 1st month rent on a apt im going to lease?
Hello everyone!
So tomorrow i'm going to meet up with the landlord to sign a lease on an apartment.He is asking me to pay for the application fee and he is also asking for first months rent. This is my first ...
Alan L.
How to forecast my neighborhood
Hi BP community!
I was just wondering if anyone has any suggestions/articles/books on information on how to create a forecast analysis of their own neighborhood/city? I want to be able to analyze the raw data into so...
John Nisewonger
HUD Law/ethics question Frim put investor bid in during occupant
I am a local investor and had watched a particular HUD property for some time. HUD allows certain types of bidders during certain periods. Occupants and no profits get to bid in the first period. If no bidders, it o...
A M
Advertising
I am under the impression that if one has a property under contract and one has not as yet closed on it - which means that you do not as yet own it - is it true that one cannot advertise that property, i.e. advertisi...
Laurel Rogers
Newbie from California
Greetings, I have real estate in several states that I recently inherited. I have a full-time job with the Federal government and am 3-6 years from retirement from that job. I'm here to learn about assessing ROI, but ...