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Hey all,
Been a lurker on here for a while. I listen to a lot of the BP podcasts and I've read several books. BP helped me turn my primary into a long-term rental. I've run that rental for over a year and I'm ready...
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Hi BP fam,I am looking to really educate myself with the rehab (cost, materials and labor) aspect of investing. What are some suggestions the community is willing to share on familiarizing yourself both as an investor...
I would like to know how do wholesalers when they are trying to make deals how do they find how muc the fixed costs and rehad cost on a house?
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Hello,I am purchasing an investment property using the BRRRR method. The hard money lender with whom I am working is including the rehab costs in the loan. I am having trouble figuring out how to do this in the BRRRR...
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Most of the books, blogs, podcasts, etc...that I've read and listened to suggests not purchasing a property for BRRRR more than 70% ARV less the rehab costs. I understand that once you refinance, most lenders will loa...
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Hi everyone, I was just reading through this article today,
http://www.biggerpockets.com/renewsblog/2013/01/16/how-to-lose-money-flip/?utm_source=BiggerPockets+Newsletter&utm_campaign=65d81ad5e0-January_17_2013_...
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Do you base this 1% test on ARV or total amount invested (Purchase Price + Rehab Costs)?
I find that I can rarely make the numbers work in my area based on ARV but If i use total amount invested (Purchase Price + Reh...
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Hi Everyone:I'm partnering with a financial investor on a rehab that we will flip. I have found the deal, will close on it and will do the entire project management on the house. He wants me to have skin in the game...
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What tools or processes have you implemented to estimate rehab costs more accurately and avoid scope creep in BRRRR projects?
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Hi BP,I'm new to structuring partnerships. If I'm hunting the off-market deal, negotiating it and locking it up, and my partner is bringing in the down payment and (possibly) rehab costs, what is a fair equity/cash f...