All Forum Posts by: Riley Shea

Following up on this thread! I'm interested in exploring policies for our rental property in Chattanooga, TN. Our primary residence is in Utah, so we're out of state. 

@Kenneth Mooney thank you, Kenneth! That is much appreciated !

@Benjamin Bleasdale I couldn't agree more! I'd love to discuss our project. Do you have time this weekend?

Andrew! I will be texting you shortly my friend.

@Kelly Rastatter 3% conventional since we're looking to stay in the home for some time. For the remodel, we are looking at refinancing after construction. We'll certainly be considering more non-traditional options for the 2nd plat down the road.

My wife and I are new to the Chattanooga, TN market. We have been researching the market extensively since moving here in July as well as networking with others in the area. We are moving forward with purchasing an existing 3/2 in an up and coming neighborhood that will also include a 2nd adjacent lot zoned R-3. The initial goal is to fix and live in the existing home while we save money to build a new home/duplex/Airbnb in a few years once the market starts to appreciate. I estimate our total cost for remodel on this home will be between $20-30k. We want to expedite the projects, especially the kitchen, on the existing home.

The big projects include tearing down a load bearing wall to open up the kitchen, remodeling the kitchen, flooring in bedrooms, both baths and new paint interior & exterior. I'm wondering if anyone in the market has good tips for these flips? Ex: re-use stores, good contractors, home improvement loan options. 

Thanks fellas. I've lived my whole life in Charlotte so I'm very familiar with the city, as well as the market. I know how crazy the market is currently, and how tough it is to find a worthwhile investment, especially close to the city. 

Do y'all have any areas you're currently interested/working in? 

Hello BP! I'm a long-time listener, but new to posting in the forums, as well as real estate investing. I am very interested in buy and hold flips, because I have a general contracting background. I currently live in Charlotte, NC but I'm open to markets like Fort Mill, Gastonia, etc. 

I was hoping to find some like-minded flippers who are into the same markets, and pick your minds. I look forward to connecting!

Likewise

General Contractor?