Jason Malabute
Why you should add a 10% cushion to your rehab budget
As a real estate investor, I understand the importance of budgeting a cushion for unexpected additional costs when planning a rehab project. In my experience, the actual rehab cost is always more than what I initially...
Paul S.
Question about an offer on a VA Forclosure
Hello BP community and thanks for reading my question. I was wondering if anyone has an idea about how much under the listing price one should offer on a VA Foreclosure. I was thinking of making a ridiculous offer sin...
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HML, is this common?
Ok I know I will need a HML to purchase a house in need of work. I also know it isn't uncommon to get repair cost also to draw from. But is it uncommon to have a large down payment, like 1/2 the repair costs? I kn...
David Alexander
Financing help Florida
Looking to purchase 3 homes in Jacksonville Fl totaling 180k plus 50k in rehab.
Having trouble finding financing for homes under 100k
If there’s anyone that can help us with this issue that would be great
Tim Youse
BRRRR - am I getting it right?
Before I actually make my first BRRRR purchase I wanted to make sure I'm getting it right. Let me know if I'm forgetting something in my numbers below please: Buy purchase price $50,000 down pay...
AJ Felix
Understanding the numbers
So, I am trying to create a deal in my head to try to understand the numbers and what deals look like in real estate. These are just numbers made up for the sake of understanding and aiding my visual learning needs. J...
Jay Y.
Hard money/Fannie Mae refinancing
Hello all,I currently have 4 conventional loans and am working on houses 5-10. Ideally, I'd like to use hard money for the purchase as well as rehabbing then refi into a nice 30 year fixed loan at less than 5% intere...
Andy Verge
This was our first fix and flip.
Investment Info:
Single-family residence fix & flip investment in Auburn.
Purchase price: $111,000
Cash invested: $5,000
Sale price: $268,000
We did have a rehab cost of $100,000 to fix this ...
Sam Bannister
What’s the best way to finance a deal?
I’ve bought a few houses for cash, but I’ve never borrowed money for a deal. I have an opportunity from a wholesaler that I’d like to purchase in the next two weeks, although I don’t think I’ll have time to get a conv...
Andrew Pierson
Is a partnership the best option in this case?
Hi, there is an area I want to invest in that has low ARV values but high rental income. This would be my first property and I am looking into creative ways to make it work. The monthly cash flow is well over 2,000/mo...