Hello All, I recently got a verbally accepted offer on a fannie mae home. My offer was with a 20% down conventional loan program. Fannie Mae came back to us an said the home must be sold with a 203k Loan because the p...
I bought a 3 bed 1.25 bath SFR in a nice area of town. The purchase price was 60k, the rehab will cost around 32k with just fixing up the outside and main floor interior. The problem we (wife and I) are kind of lost o...
Hey BP nation,How do you raise your credit score?How do I get rid of hospital bills on my credit?Whats the score you need to have in order to get approved for the best interest rates?How many times does your credit sc...
I come across and have bought several early 1900's homes which typically have plaster walls - sometimes not in great shape.
With my main focus being LTR, it doesn't raise the rent significantly by drywalling the ent...
I'm interested in what to expect from the contracting community when I take over a project that is a half done total gut rehab/addition. Rough inspections have been passed; next step is wall board. Will GCs have a re...
I feel silly even having to ask this question, but how exactly does a "cash offer" transaction occur on a home/lot? Deals are moving quick in my area, often with several cash offers made in the first day a deal is av...
I am looking at a property, that is worth about $130,000 to $150,000 depending on how much I end up putting to remodel the place. It's on .36 acres of a lot with 1,366 square of single family unit. There is a pond beh...
I thought it would be fun to start a thread where we can share our craziest fix-and-flip stories, biggest "oops" moments, and the golden nuggets of wisdom we've picked up along the way. Whether you're a seasoned pro o...
Hi All I was looking to get some insight on my situation. I had an executed contract to buy a triplex on May22, 2020 and did not close on the property until October 2, 2020 due to the seller refinancing. Inspections w...