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21 February 2025 | 4 replies
That's most likely going to be a C- neighborhood or lower so there could be more perceived scale to BRRRR, but a tougher decision on how to renovate at that price point and possibly harder tenancies.I would get to real estate investor meetups in your area.
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23 February 2025 | 3 replies
What else can I do in this case to dispute or to make things easy now that I already renovated the apartment.
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14 February 2025 | 6 replies
I’m currently closing on my first property in 2 weeks using a FHA 203k loan to help with renovations.
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4 February 2025 | 0 replies
Investment Info:
Single-family residence fix & flip investment in Goodland.
Purchase price: $100,000
Cash invested: $35,000
Sale price: $270,000
Hey BiggerPockets Community,
I recently updat...
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19 February 2025 | 9 replies
If part of the property is rentable while renovations are happening, that could help offset carrying costs.Given your construction background, you’ve got a huge advantage in managing the project efficiently—it’s just about getting through the red tape and de-risking the unknowns before pulling the trigger.Have you talked to any local investors or contractors who’ve tackled similar projects in Wicker Park?
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19 February 2025 | 4 replies
While I am not afraid to invest my own time and money to renovate a property.
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19 February 2025 | 7 replies
My ideal time to have an appraisal complete is post renovation of the house, but BEFORE the tenant moves in.
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12 February 2025 | 3 replies
I'm looking to use a Fannie Mae Renovation Loan.
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22 February 2025 | 5 replies
However, make sure to account for renovation costs, HELOC interest, vacancy rates, and local rental laws.
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22 February 2025 | 16 replies
Look at comparable sales within the last 3-6 months, using properties similar in location, size, and renovation level.