I’ve been coming across a lot of foreclosure properties listed in Zillow lately and I wanted to get some feedback on the process to buy a foreclosure and if people have had success with this strategy? I live, work an...
Hello Biggerpockets members. FHA underwriter is requesting a second appraisal(which I figured) and asking for a "written LOX for the purpose of the quick property turnover". Has anyone gone through a similiar situati...
What to do when you suspect there are too many people living in a unit?
I have received two reports from one of my buildings where tenants suspect there are more than 2 adults living in the units.
How do I prove i...
Hi,
I have read discussions in this forum that rental investment in Phoenix area is fetching good ROI. I am based in Illinois and would be interested to invest in multi unit property in Phoenix if ROI is good for mult...
I currently can only get approved for a 54k loan at my local credit union because my income is so low being a server. I do have some cash reserves I have saved up but plan on saving them for the Rehab of the house and...
Here's the story;
Property went to a county foreclosure in February. Nobody bid so the bank got it back. The mortgage was with Firstar and FHA. I called Firstar to make an offer (I have a cash buyer) and was told too...
Hi everyone,
This thread stems from Rich's Thread regarding a creative income stream he has used with car dealers. I was curious what other creative things people have done or are doing to bring in high ret...
just signed up with Tigrent learning for a wholesale instruction class. and just spent the weekend getting a brief overview.
biggest concerb right now...finging my buyers
Do you predict DETROIT and surrounding areas homes to continue to drop in price and if so for how many years.
With that in mind I want to take my time and come across the best deal I can so that I wi...
Hi Guys
Thinking about purchasing a couple of condos, all in the 20k to 40k range and have not decided whether to pay cash for them or finance them. Are there lenders who will lend on investment mortgages in this pr...