Tony Velez
Triplex offer
Hi,I'm interested in a triplex. The numbers all work great. My only issue is the roof. It needs a roof. It's never leaked buy it will. A new roof may cosy up to 15k. Should I walk away?ThanksTony
Nazar Trilisky
Private Lending Risks and Mitigation
Are both a Promissory Note as well as a Deed of Trust needed for a small private loan (~10% of single-family house cost)? I've gotten two "yes" and two "no" responses regarding the need for a Deed of Trust. All four...
Tamasia Williams
Is Asbestos a deal breaker?
Hello everyone,
I am currently searching for my first investment property to purchase and i came across one in my price range but the property details states that the house had a major fire 2 yrs ago. Interior has se...
Ondrece Love
Tax lien issues in Texas
I'm wondering if anyone has come across the issue where the a property was purchased at the Sherriff's tax sale in texas and there was a first lien on the property in which the lien holder was not notified by the firm...
Account Closed
South Jersey Investing Market Part 2
Hi everyone,I wanted to post the next installment in South Jersey Investing. I went over FLIPS in South Jersey, Central Jersey, New Jersey area. Now I want to touch on BUY AND HOLDS.BUY AND HOLDSWhen looking for a Buy...
Nick Elg
Does anyone have experience investing in central Utah?
Does anyone have experience investing in central/southern Utah? For example: price, Utah; Castle Dale; Ferron; others? What are the pros and cons you have found investing there?Thanks in advance!
Jaime Appel
Looking for a Contractor
Hi All, I purchased a condo in Hillcrest area of San Diego that I'm using as my primary residence for now. I hired a 'contractor' to remodel my master bathroom and closet, as well as demo and level the concrete subflo...
Mike S.
Fannie Mae 5-10 down payment reduction?
Have the rules eased on the 25% down payment on 5-10 properties? My lender was thinking they could get it at 20% now.
Naga A.
Rehab remotely?
Assuming that I engage a general contractor (who was recommended on BP) to do a rehab work on a property (nothing heavy, probably a 10K to 15K rehab work (external and internal painting, flooring, kitchen etc.), be...
Matt Sterling
Questions About Making My First Offer
I'm making my first offer on a property Monday. It is currently bank owned and they have been doing tons of updates and are still in the process of doing more and all will be completed before a new owner would take o...