I know someone who will do HML quite a bit the past 5 years & then goes to a refi after 6 months - think of it as a short-term loan. He's very careful these will appraise out before he pulls the trigger. He has a ...

Attn Rehabbers: In general would the average experienced rehabber deal with an old boarded up, built in 1880, total gut house for $225K (topic says 200K but it's 225K) where the ARV is $710K in Long Island, NY? ne...

I'm looking at a 2/1 condo that needs some reasonable renovations. It's in a good area that's going through some regentrification. Lots of families and close to public transit.

700ft2, large bedrooms, small...

Hi Folks,

I want to thank everyone who contributes to this board. I have found the information to be very helpful in understanding the business and really appreciate it. I am interested in buying residential REO pr...

Hi guys,

I am new to the forum and have loosely been looking into buying a rental since 2012. I am now living in the states full time, and I want to have an investment property purchased by the end of 2013.

I have...

Hi all,

I was hoping to get suggestions/recommendations on this question. First, here is a background.

I am looking to purchase a multi-unit (3-plex) home near where I live. The house is in rough shape....

I read a post somewhere where someone that I will suppose is a wholesaler was offering a property for sale to investors that he had never seen.....and from what I read, had no intentions of ever going to see becaus...

Hi guys!

I have a question for the experienced wholesalers out there. How does someone, with no construction background estimate the rehab cost of a house.

I know J Scott wrote a book on it, and I will...

Hey everyone!

I have found a house in the area I am looking for where the numbers work out well. I have been speaking with a few banks/credit unions this past week and have received closing cost summaries. I ...

I bought a land contract on a property in Metro Detroit three months ago. It was a performing 8 year note with 7 payments made to date. Original loan was for 40k. I bought for 23k. 10% note with payments of $600. ...