All Forum Posts by: Lamar Allen

Thank you @Steve Morris

Good morning BP

I was introduced to a no doc private money lender on Facebook. He is asking for $1,500 before he can disburse the funds. This he said "is to cove loan originations". Is this normal?

I'm working to determine the cost of building a modular home.

I recieved a interesting deal from a whole sellers. Asking price is 225k, 12k to demo the currently building, although it can be renovated. Arv for 3,000 square foot home 500k. I reached out to a modular home builder for an estimate. However they have yet to respond. Can someone please help me with the cost of the new construction?

@Leon Lee

Some Repeat guests, not all, have a since of entitlement. This for me is a bigger issue than first time guests.

After reading your post there is one guest that come to mind. This guest had only one review (witch was negative). However she booked instantly. During her stay she verbalized that she was putting forth effort to be a better guest. After she check out I gave her a five star review.

@Joshua D.

That my exact list. In a different order ofcourse.

@Theresa Harris thank you for your response. I don't think my question was clear. I meant An FHA 203k construction loan. Can it be used for a quad or is it just for single family homes?

Hi BP community,

What size property can I finance using a 203k mortgage? Is it only for single families, or can I use it for a quad?

@Shayna Queen Earlier this year i was looking into the same thing, my results was, my credit score droped about 50pts, however i got 25k in unsecured credit cards, although they advertised unsecured loc.

Hi BP, i'm not that new to BP, i do more reading in the forum than i do posting. However i'm looking for some insight on an idea that came to me. I just evicted a tenant from one of the nicest apartments in my portfolio and originally thought about personally occupying it, but i move around alot, so i began thinking about air b and b. That way i can use it when i want and collect income when i'm away. So my question is is it a good idea to have a single air b and b apartment in a small multi unit buildon? Or having multiple air b and b apartments spreaded out over multiple small multi unit buildings?

think you Eric and Andy for your response. I just got a policy written by state farm.