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Hi all, new to the BP community with my first post here.
I’ve done a lot of research on hard money loans lately. I’m looking to buy my first rehab for rental. I’m curious if one can buy property at an auction with ha...
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Hello BP,
We are trying to work with Chase Bank on a short sale. The existing mortgage is around $80,000 and we offered $25,000. We sent a preliminary letter of disclosure for potential short sale and are waiting to h...
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So, i want all contractors to start signing a contract saying, among other things, No extra pay unless there is a change order approved.Only thing I'm not sure about is should I require all contractors to say they hav...
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I recently quit my W-2 Job an am now having difficulty being approved for even a small conventional loan and looking for advice or tips. The details: I own 4 rental homes that are fully rented and together they cash f...
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My wife and I are house hunting for our primary residence, but we eventually see it becoming a rental.
Around here (Northern VA), pretty much any decent place you find is going to be tied to an HOA, a condo a...
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Hello,
I was planning on purchasing a multi-family property, only to find out that the property has been rezoned to a single family. Meaning that the property, which is set up for three units, can only be used as a s...
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I am viewing a property this week, and very interested in it.
Back story of house:
It is a friend of my brothers father in law. He has owned it for over 10 years. Bought in 02 for 114,000. He has it on the market f...
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I was just hired (though unwillingly) to purchase a note on behalf of a past client. He held a second mortgage and they both began to default. I encouraged him to foreclose faster than the first and he did. He now ...
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I used e-renter for background check of an applicant. Although he mentioned he was never evicted in the application form, an eviction incident came up in the report. Address listings in the report show that he had so...
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Hello All !!
Today my offer was accepted. The house was listed on HUD Homestore in Romeoville IL!
It was listed for 47,250$ the last day of the owner occupant period I offered 55,000$ ( which was Saturday night)!
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