![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3158834/small_1734567597-avatar-kurtiss25.jpg?twic=v1/output=image&v=2)
27 December 2024 | 0 replies
Here are a few lessons I learned during the renovation, many of which stemmed from the age of the house and unexpected hidden damages:1.Damaged Plumbing: Several plumbing pipes were ruptured or severely damaged, requiring replacement.2.Termite Infestation: I discovered termites, which led to additional costs for treatment and repairs.3.Rotted Wood: Significant sections of wood in the structure were rotted and had to be replaced.4.Lack of Insulation: There was no insulation in the att Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3158834/small_1734567597-avatar-kurtiss25.jpg?twic=v1/output=image&v=2)
28 December 2024 | 1 reply
Here are a few lessons I learned during the renovation, many of which stemmed from the age of the house and unexpected hidden damages:1.Damaged Plumbing: Several plumbing pipes were ruptured or severely damaged, requiring replacement.2.Termite Infestation: I discovered termites, which led to additional costs for treatment and repairs.3.Rotted Wood: Significant sections of wood in the structure were rotted and had to be replaced.4.Lack of Insulation: There was no insulation in the att Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/218107/small_1672257484-avatar-adamsmayberry.jpg?twic=v1/output=image&v=2)
26 December 2024 | 13 replies
I reviewed the SB9 legislation, and it states that properties occupied by a tenant in the last 3 years are excluded from SB9 but only if the project includes demolition or altering more than 25% of the exterior structural wall.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2538510/small_1694694390-avatar-zachf121.jpg?twic=v1/output=image&v=2)
28 December 2024 | 3 replies
Once that extra rental started generating income, he realized the higher interest rate was just a temporary hiccup on the way to bigger returns.In your case, maybe look at a structure that keeps your best cash-flow property on a lighter refi (say 50% or 60% LTV) while you go a bit heavier on the one that’s not producing as much right now.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2382149/small_1672874342-avatar-kayk39.jpg?twic=v1/output=image&v=2)
2 February 2025 | 178 replies
There were curbs and some drainage structure, but at that time there were not any foundations in place.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1833797/small_1621515963-avatar-robertf384.jpg?twic=v1/output=image&v=2)
29 December 2024 | 9 replies
With our structure, the development company owns about 45% of the equity when complete, and I own 50% of our company.So it will be about 22%
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1460359/small_1704494567-avatar-scottgscoville.jpg?twic=v1/output=image&v=2)
4 January 2025 | 16 replies
And how do you typically structure those deals to make them a win-win?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1455834/small_1731683066-avatar-vinnym6.jpg?twic=v1/output=image&v=2)
3 January 2025 | 19 replies
I would use the Lender tab here on BP to call around and find a lender or broker you may want to work with and compare loan structures and pricing.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2878161/small_1703865617-avatar-albertof84.jpg?twic=v1/output=image&v=2)
27 December 2024 | 66 replies
.- as yet unknown impact from required structural inspections (bill 154).
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2898574/small_1702921574-avatar-williamf412.jpg?twic=v1/output=image&v=2)
26 December 2024 | 8 replies
The process must be understood and applied to team building, investing your and 3rd party capital, and financial deal structure with debt and equity sources.