All Forum Posts by: Zach Barber

@Ned J. Have you had any experience with the self sticking vinyl plank?

Thanks for all the recommendations!!

I recently bought a duplex that appraised at closing just above the purchase price. However, I’ve done some work to it, and compared to the comps I ran, it looks it could appraise for 10-15k more. My roofing contractor told me I need to replace my roof ASAP. I’m wanting to tie this into the loan because I don’t have quite enough reserves to comfortably put a new roof on. I went to the bank and they told me I would need a new appraisal to try to tack it on the loan with the new value. They said the appraisal is aboit $400 with no gauruntee they will come close to my estimates. My question is does anyone know a better way to go about doing a construction type loan based on the ARV with the new roof? Thanks for any help!

What do you guys normally do for flooring in your rentals? I know carpet seems to be the cheaper option, but I was hoping to put something in that is water proof and durable so I won’t have to change it after each messy tenant. Any recomendations are appreciated!

@Michael Pearse Thanks Michael!

I’m looking to meet with an appraiser to go over comps and estimates I made, just to see if I am close on my estimates to what a pro would have. I’d like to help your business as well, by sending them you wholesale clients that aren’t interested in selling cheap so they can know where to price their homes on the market.

I've been doing real estate for about 1 year now. I have 1 rental that I have fixed up and is now cash flowing nicely. It's going to take a long time to save up for another one and I'm looking to scale much faster. I am looking to buy and flip houses with only cosmetic repairs needed in order to get extra cash to put towards my long term goal of passive income. My question is, how do you approach a potential private money lender when you don't have much experience to show that you can provide a return on their money? Also very much an introvert and feel uncomfortable asking people for funding.