What are the disadvantages of flipping REOs?

Homebuyers often have a picture of type of neighbourhood they want to live in.  Many at times they may have done their own research before coming for inspection.  Still, you should be prepared to answer specific quest...

I finally feel ready to get started my family and I will make a great team to start flipping homes. Currently I have been talking to several hard money lenders for money for home and Reno, and I’m concerned about what...

      I have purchased many foreclosures in the past   8 years and most needed quite a bit of rehab work. I have a contract to purchase a residential foreclosure in a affluent neighborhood for $160,000 but property cu...

I am ready to buy my second house hack! Before I get pre-approved, I want to know if I should take out a HELOC on my first home before or after?Long story but I owe $460k on my current house hack which is appraised at...

Hi,I'm in escrow on a legal duplex where the attic got converted to a "third unit" unpermitted with unpermitted kitchen and unpermitted bathroom. I'm using a Fannie/Freddie Mac loan thru bofa. Has anyone encountered t...

Hi all, I am about to close on a Freddie Mac owned foreclosure, I am paying cash for a quick close (multiple offer situation) and the property was grossly underpriced from what I gather from the inspection, my questio...

Has anyone done a hard money loan from the UK? I know there is alot of scams going on and people promise things but I was told you could do a hard money loan and use a bond as collateral. I was wondering if anyone ...

Hello All, Question, me and a friend were discussing which is better, but jump to the question.. If I buy a fix and flip using Hard/Private Money, Do I have to then,keep the house for 6 months before I can resell it t...

Quick question...If another wholesaler is looking to do a JV with me to help them unload a property, should I have in my hands the Purchase Agreement before I sign the JV Agreement?I'm looking to do my first JV. Just ...