Internet searching lead to horror stories on this, but everyone's talking about older HUD homes. I've got one under contract half off appraised value of $165k. PCR is clean. Home is built in 2006, new neighborhood, no...
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Hello BP! I am a new member to BP and just sent out an introductory post. I needed some recommendations on the best way to proceed with a potential property that I have found with regards to flipping it.
The property...
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Seller financing -- when the seller gives the buyer a mortgage -- can help both home buyers and sellers.Seller financing can be a useful tool in a tight credit market. It allows sellers to move a home faster and get ...
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Buy. Rehab. Rent. Refinance. Repeat.
Can someone please explain what the benefit of the refinance is? Is that simply to see what the new value of the property is after you have fixed it up, or does it give you actual...
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In March of this year we purchased a non-performing 2nd deed of trust in the Silicon Valley area of CA. We attempted to work out a loan modification with the borrowers but ultimately needed to foreclose as they were ...
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Hey BPers, I've been casually reading about Peer Street and Fund that Flip and am curious about people's recent and long-term experiences with these services. We decided several years ago that landlording was not th...
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I was just going to put our paid for house on the market. Worth about 280k (mostly land value). It is two acres in a first tier suburb of Minneapolis/St.Paul (which is pretty rare). Small, old house built in the 1...
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Hi everyone, I recently watched the BiggerPockets Podcast (300 Doors ALL Through Creative Financing w/ Pace Morby) I'm on my 5 time watching it trying to comprehend everything that Pace does. I was just curious if any...
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I am trying to get my head around this. My condo in SoCal is free and clear and worth around 500K. My current monthly Cash Flow is $1338 per month and I do no expect to encounter any vacancies or expenses. If I were t...
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So far I have sent out 85 letters to absentee homeowners and distressed properties. Today I got my first phone call!! I'm feeling very overwhelmed! I've been studying my butt off, but now that it's happening, I feel l...