I was just wondering, can you still flip a short sale or are the banks requiring that you hold them for 90 days first?
So I decided to take the plunge last fall and purchase my 1st flip. I paid $50K and comps were selling for 100k. This house needed some work. After purchasing it for all cash on Auction.com, I realized it was in a FLO...
New to the site and want to share some numbers on a property i'm considering. My interest in the following is as a lender or investor to wholesale / flip. This is a 2BR 1B Rehab in Central ArkansasThe Rehabber is in t...
Hi all,I've been doing a lot of research about house flipping and using hard money loans to finance the venture. Can anyone give me a brief description of a flip they funded with hard money? (Including details such as...
Hey BP,I was poking around the site a bit, but couldn’t locate my answer. Hopefully you guys can provide some color. What are the implications of: Purchasing a MFH (lets say a duplex) with FHA financing and 3.5% dow...
What advice do you have for creating a partnership for doing Rehabs. I am thinking about trying to put one together here in Austin, Tx. The thought is that four or five people that have jobs but want to be involv...
Hey guys,
I recently got a purchase agreement on a bank owned mixed use property. A business owner next to the property mentioned that someone was willing to buy it for the list price, well above what I negot...
I would like to partner with an experienced investor to flip a property. I have connected with a Realtor/Investor who is willing to partner with me for my first flip. He has flipped many homes in the past by partner...
Investment Info:
Single-family residence fix & flip investment in Appleton.
Purchase price: $91,500
Cash invested: $25,000
Sale price: $165,000
We purchased the home through HUD, worked on it...
Hey BP Gurus:
First off, I've enjoyed BP immensely.
I have a deal that I'd appreciate some feedback on.
I have a SFR in my neighborhood where the sellers have accepted a purchase contract. The deal points are as ...