Hello all,Background:My wife and I were recently walking around one of our favorite neighborhoods and some of our friends gave us some info regarding a house on their street. It has been vacant for 1 year due to a old...
Unique situation. Our company has completed a fix and flip, found a retail buyer, have agreed to a sales price, and have a contract. Buyer is ready to move in as soon as they are financed. They wanted to go FHA but ca...
Hi All,My name is Chris and I live in the Boston area and am new to flipping and this forum. I just started reading J Scott's Flipping Houses Book, and have ambitions of flipping houses some day. Currently I am a busi...
I purchased a house for $15000 and some time in between the purchase and getting the title the city condemned the house. I was unaware of this before it was too late. The seller did not inform me of this. The house mu...
Hey BPers,
BP and I have an on again and off again relationship as I go large amounts of time not reading and participating... That said, I found BP when I accidentally landed into CRE several years ago and it is an ...
Found a 4BR/2BA on MLS for $136,000.
Principal & Interest: $557
Taxes: $94
Homeowners Insurance: $55
MONTHLY HOA: 30
Only rents in the area are 3BR/2BA for 1350-1450
I will go with 1450 market rent.
Home needs c...
I have an Illinois condo unit that I rent out and would like a second opinion about an issue that was debating with the HOA's property manager.The gist is that after signing new tenants to a lease I was hit with a $15...
I have a property zoned as a duplex that is basically a quadplex, it is one big old house. It can't be rezoned and is not grandfathered I asked and I know there could be zoning issues. There is functionally enough spa...
Hey BP Family,I am an investor in the Augusta, GA area with 1 property currently. I'm looking to purchase another property and have come across a Subject 2 opportunity to take over the remaining loan balance from a Wh...
Dear BP people I'll need your help on this-
I just purchased a rental, the tenant came with it. He works in hospital as nurse and seems to be a nice guy, he does has a bankruptcy history (home got foreclosed a few yea...