I’m purchasing a property that previously had a $275k mortgage against it and went into foreclosure. The seller purchased at the top of the market and fell into foreclosure on a property that barely, if ever, cash flo...
I think i know the general physical, financial and document inspection in residential property but for property like Condos which have HOA and common areas, it's alien to me. Anyone here in BP have done home inspectio...
What can I do if there are no comps to compare for my deal w/out using a Realtor? Can I use a neighborhood close by?
I was taking to a landlord yesterday and since my closing day will be Sept 28th and I have to do bare minimal TLC at the house. She advised me to go ahead a post the property for rent but to provide a date when the pr...
Hello everyone, I am just getting started out in the world of real estate investing, and a common trend I’ve seen amongst beginners is a lack of capital. I too suffer from this syndrome, which has pushed me to look at...
Hello BP community. I am currently looking to get into my first Duplex investment property which I plan on using as a house hack. I am looking to run the numbers on an attractive property in a great area of town withi...
Hi guys,
First of all, thanks for reading through my post.
I had a look at possible investment property this morning and we noticed some foundation cracks. Seller described them as settlement cracks in the disclosur...
My agent sent me a property that consist of 8 1bed 1 bath units. The units generate $400 a month no AC. Asking price is 270k. I was thinking of house hacking with an FHA 203k loan and converting the units into 4 units...
Hello everyone!
I constantly hear and read of investors making all cash offers. However, I'm confused if it's actually that these investors have all that cash saved up or are they using some type of loan? How is it t...
I'm currently looking to make a "first" deal. Most of the homes that fall into my criteria are foreclosed. My questions are, at this point, since its not at auction is it basically the same as purchasing any home? ...