I am trying to complete my first BRRRR and currently working on doing a cash out refi step of that process. I have spoke to over 30 banks (small banks, large banks, credit unions) but having hard time securing loan wi...
Hello BP Community, Currently I am looking at property on Homepath via the First Look program that is listed for ~260k - I'm hoping that my offer for roughly ~210k will be good enough to be accepted. I'm going for the...
1st offer-
Style- 2fam, 2bd/1ba each unit, 950sq.ft each
ARV- 185
List price- 104(REO)
Offer- 80K
repairs- 15K
Strategy- live in one, rent the other @ 1050/mo( below area average by $50)
2nd offer
Style- half duplex,...
Would love some feedback from experienced investors regarding this REO.
Property had some localized flooding due to burst (frozen) pipes on the 2nd floor. From what I've been able to piece together, the water damage...
Numbers are looking a little tight for a HUD owned house.
right now they are asking 143k, ARV is about 215k. Rent will be between 1500-1550. Needs a new roof and a decent amount of work. Might have a leak in roof, ne...
Hello,
I made my very first offer today. I was stuttering and stammering through the process but it was not bad. The seller told me that he wanted to discuss and go over it with his family and is going to let...
Hi everyone
I have to say that I really enjoy the bigger pockets community. Everyone has been so encouraging that I feel more prepared than ever to invest more. I've come upon a property that I really like but the si...
hi BP!
Just wondering what process you guys use when making a cash offer on a fsbo home. Do you do verbal, written, written with earnest check, written with a check for full amount, cash in pocket?
I'm ...
hi BP
Ive send my mail campaign and the calls are starting to come in today. But the ones that call I feel like not even wasting my time on is the ones that says as following.
Its not for sale you maile...
Hello everyone,We have found a property we think is ripe for our investment. It is a Fannie Mae Foreclosure with an asking price that is only a bit higher than we want to have to afford. Over the last two weeks we hav...