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Looking to buy rehab 1st time buyer need advice
Hi I am looking to buy a bank owned property that needs work. My question is if i purchase the property with a first time buyer loan how will I get the money to repair it any advice appreciated.
Kevin Greene
Fix or replace slate roofing
What is BP's opinion slate roofing? I know that it can last much longer than other roofing types if properly maintained. The reason I'm asking is that I'm looking at a house with slate. I have the choice of restoring ...
Rebecca Faulkner
New kid on the block, trying to figure out financing for 1st deal
Hey BP!
I am currently saving every penny I have towards a down on my first deal. This is painfully slow. Any suggestions on how I can get into the game faster? Suggestions on financing? I have heard of taking a HELO...
Michael Mullins
What would you do with this deal.
Hello BP,First off thank you for the wealth of knowledge you share. So I have an opportunity to purchase a house in Copperas Cove TX for what is owned on the loan. The owner is about to go into foreclose as of Oct 4th...
Art Maydan
What Are These Sellers Doing?
I found a 4-unit I like, but it has violations. I put in an offer with a contingency that the seller fixes the violations. They countered and I told my broker I’ll take it. That was two weeks ago. My broker’s told me ...
William S.
Maintenance Budget Amount SFH
What do you budget for maintenance dollar wise? I'm not talking about CapEx, but minor repairs (wear and tear, light bulbs, door not shutting, etc).I've been doing $1,000/yr but that may be really high for B-class SFH...
Zach Jones
First rental property.. Overpriced but good ROI??
Hello all.. so I've been on BP for a few months now, kind of just reading/researching here and there and I can't seem to find anything too specific to my situation. I live in the Daytona Beach area where the market i...
Sal Loiacono
The seller Called Me!!
Hi everyone,
The seller of the property I am interested in called me back last night!! I am shocked! He took the house off the market and wants to me a deal!! Now I have been trying to locate HML and everyone...
Ben G.
Indianapolis Subject 2 Deal?
I was contacted by a lady in Wayne Township, with a house she want's to sell in Clermont a small town west of Indianapolis. She is 4 months behind on her mortgage. She lost her husband last year, and she has been una...
Brian Vog
Rental properties: Turnkey vs Find on your own
What are the experienced professionals opinion on working with turn key companies or finding your own deals? I like “time” so part of me only wants to work with turn key providers, but I like bigger returns as well, ...