Background: My wife and I are under contract to purchase a home using an FHA loan. Today however we received a call from our lender informing us that it seems like the title has a date of August which would break the ...
I am currently in the closing process of purchasing a future house hack with one unit being vacant and the other unit having a tenant on a month-to-month lease. I plan on living in the vacant unit and renting out the ...
Hey BP,I am negotiating on a 4-plex where the seller is asking 319K and I need to get it to at least 280-290K to start making sense. I was amazed to find out that he paid 64K for it in 2013. Factoring in 6 years worth...
Hi Everyone,I'm looking to purchase my first property and have run into an issue with the financing. Some of the copper plumbing for the 2nd floor bathroom was removed from the property. Based on what the agent is t...
Hi all, I recently made my first offer. It’s been quite overwhelming so far, but everything seemed to be going smooth until my inspection report yesterday. The “highlights” are copied below. Is this a deal breaker? Sh...
Anyone try the strategy outlined in his books?
He goes after ugly older houses in lower middle neigbhorhoods (not war zones). Preferably multiple sfhs on large lots. Uglier the better. More deadbeat tenants the be...
Good morning BB Community!I have been seeing homes being posted and then becoming pending or under contract 1-2 days later...
So I was wondering if it's a common strategy for people to submit an offer to a house wit...
I emailed my offer yesterday for $17,000 over asking cash and by the time the listing agent got back to me, she said you'd get it but now it's after the deadline and the seller isn't accepting blind offers. After tell...
I have a potential seller financed deal. My question is would anyone sacrifice cashflow (break even or negative) to have a free and clear property in 3 years?
Today I got a semi-angry/disgruntled voicemail from a property owner who requested to be taken off my mailing list. She said,
"I've talked to investment groups like yours in ...