Amy Hu
Is HELOC good idea to finance apartment building rehab?
The building in OH we're looking at needs renovation and is currently vacant. It'll cost around 150k and about 6 months. Once we finish the rehab, we can refi the building and pay back the HELOC.We have excellent cred...
Jesus Morales jr
Scope of work software / template
I did to write a scope of work any one know any good templates or software that looks professional.. need it for my hard money lender?!
Courtney Fricke
Building a Track Record Spread Sheet for Lenders
Hi Y'all!I'm creating a spread sheet today of all my past deals for future reference when dealing with bank and private lenders. A track record of sorts. Have this info so far.-property location-style (sfr, land, mfr,...
Ethan Wilson
Seller Financed 5plex in Elkmont, AL
Investment Info:
Large multi-family (5+ units) commercial investment investment.
Purchase price: $200,000
Cash invested: $80,000
This is a 5plex we bought back in November just outside of Athens, AL ...
Azzam C.
Connecting with Property Managers and Contractors (Raytown/Independence MO)
Hi all,
I'm looking to break into the KCMO market as an out of state investor. I've been working with an agent and am hoping to hit the ground running on a few possible properties we put offers in on. All properties ...
Dov Klitnick
What to expect from a Hard money lender
Hey bp I'm trying to get my first deal and I was wondering if I want to do my first deal Using hard money do they usually require me to have a property first or do I find a lender willing to lend then find a deal. A...
Alex Hively
Estimating Repair Costs?
Hello All, jI'm a beginner and have tons of questions. This is directed towards anyone and everyone that has experience in flipping houses. Here is the question.Is there a check list of things that you use when lookin...
Scot Howat
Taxing on "net" proceeds on a HUD
How do I avoid taxes if I use my own funds for the rehab costs and downpayment?Other than a 1031...ExampleIf I put down 20k (20% of 100k purchase price) and put another 20k into the rehab and sell it for 150k, I would...
Katrina P.
Analyzing two multi-plex deals...please help
Hello all:
Please help me work through these two deals. I'm sure I'm missing some information, but here's what I have so far:
5-unit building
-(4) 2/1 units
-(1) convenience store
-3 units are rented out at $450 ea...
Jackson Pontsler
Fighting the negative view of REI
Don't want to start a media war but this prompted my question.CNN recently published an article:http://money.cnn.com/2018/06/05/real_estate/house-...and the article states a florida investor made 400k on a flip deal. ...