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4 January 2025 | 5 replies
If they haven't already, ask both of them to provide a detailed scope of work and then compare pricing based on the scope they provide.
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6 January 2025 | 77 replies
Would love to get rid of all the spam on the forums but the site is geared towards new investors and service providers; so, I am not the target audience.
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3 January 2025 | 9 replies
The biggest challenge seems to be finding lenders that offer these loan products which is where I’m looking for help from the community with recommended lenders that serve Texas.The Fannie Mae (or Freddie Mac) options are preferred over FHA purely because of the (perhaps perceived) limit on renovation funds that the FHA option provides.
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5 January 2025 | 18 replies
I am 100% ok with my w2 providing me income to maintain my life and grow a nest egg for the later aspect of life
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6 January 2025 | 0 replies
By providing the necessary funding and covering renovation expenses, we ensured the project stayed on track and within budget, leading to a profitable outcome.
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16 January 2025 | 20 replies
He has helped a ton of BP members successfully house hack and has done it himself as well and can provide you with invaluable experience.
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8 January 2025 | 22 replies
@Guillermo PerezPositives:- Equity Built: You now have $70K in equity, which is a solid result for your first deal.Cash Flow Potential: If the property rents well and covers your debt service while providing some cash flow, that’s a win.- Experience: You’ve successfully navigated a purchase, rehab, and refinance, which are the core components of BRRRR.Considerations: - Budget Overrun: Being $27K over budget highlights the importance of tighter cost estimates and contingencies.
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7 January 2025 | 4 replies
Keep in mind that while there is an exemption to the Fair Housing Act.....most states that have a state level Fair housing law do not typically provide the same exemptions as the national law.
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12 January 2025 | 6 replies
., taking on deferred maintenance or providing a quick, hassle-free transaction).Win-Win Mindset: Emphasize how the sale could help the organization, such as freeing up funds for its mission or relieving the burden of maintaining a distressed property.4.
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2 January 2025 | 2 replies
Each housing authority (HA) provides a voucher amount determined by bedroom and some further define it by zip code or city within their covered area.