Samuel Metcalf
HELOC or cash for primary residence/investment duplex
11 April 2024 | 10 replies
@Samuel Metcalf- thanks 1) I would recomend getting a HELOC in place on your primary residence duplex for as much as possible...this should be available for free or a low cost and the rate will be variable in the 8-11% range ...prime rate + margin of 1-3% ) ...the min payment is in interest only payment on outstanding balance 2) use the heloc for the remodeling costs ...pay it down as agressively as you can 3) on the purchase of the investmenet 1 unit - you are allowed to put as little as 15% of the price for your down payment ...the pricing you get for the loan will improve as your down payment grows so you might look at 75% / 80% and 85% ltv options
Brandon Von Sternberg
Partnering for Condo Purchase & Rehab
11 April 2024 | 1 reply
I want to purchase a condo with the loan 100% in my name, with the intention of completely remodeling the unit for potential rental opportunity.
Jerome Nunez
Renovation Costs in Greater Providence Area
11 April 2024 | 5 replies
Hi BP Community,I'm trying to pull quotes for new kitchen remodel and updated bathrooms for 2 BR / 1 BA apartments (~800 SF) in Rhode Island.
Collin Hays
The Reality of Pets and Your Vacation Rental
12 April 2024 | 17 replies
I allow pets in all my properties but when I do my remodels, I try to make them more pet resilient (No carpets or rugs) .
Andrea M.
San Diego contractors all too busy?
10 April 2024 | 13 replies
@Claudio Salvatorelli @Ann-Marie Vargas @Maxwell VenturaI would love those contractor referrals as well :) Looking to build ADUs in San Diego (and some other remodeling.)
Richard Pastor
Help! First BRRRR
11 April 2024 | 7 replies
I would need flooring, countertops, bath remodel, demo etc.
Dav Pohote
Options for 8 unit multifamily gut remodel?
8 April 2024 | 14 replies
I was also planning on paying cash for remodel but fix and flip supposedly includes this in their package?
Nathanael Isaac Flaugher
Handyman or Handyman assist
10 April 2024 | 1 reply
I am looking for work rehabbing/remodeling homes.
Rosanne Muschenheim
Sell house or try to rent
10 April 2024 | 4 replies
We went a little overboard on the remodel for a rental.
Tim V.
City inspector will not give passing permit
10 April 2024 | 5 replies
He was considering my house a remodel even though I stated everything in the home is original and that I was only repairing damage from the foundation and making some minor updatesHe required that I get an electrical permit for 5 new lights I had an electrician run for me.