Hello everyone!  I am excited to become part of the bigger pockets community.  My husband and I have remodeled homes we live  in while working full time.  We have been very successful at increasing value for resell, b...

I am a new agent and working with other seasoned investors in Indianapolis and looking to connect with other agents and investors to expand my network.

We then spent around $30,000 out of pocket on renovations, including repairing the roof, upgrading the electric panel, installing new HVAC, and putting in a new kitchen.After completing the work, we refinanced with LendingOne using a 30-year fixed-rate DSCR product at around 7%, which resulted in a net cash-out of approximately $15,000.A couple of things to note:I'm out of pocket on this property for around $40,000 ($25k down, $30k rehab, minus $15k recaptured).I'm thrilled with this amount since it's far less than our "normal" 25% down strategy would require based on the higher value.The property appraised for $330,000 after the renovations.The key point for me is that this property is now netting around $800/month in cash flow.

I currently manage several properties and own a restaurant, which has been an incredible journey in itself.I'm relatively new to property management and real estate investing, and I'm always looking to expand my knowledge and network with like-minded individuals.

The new breed of seller financed note buying trainers will teach you enough to find notes for them.

The cost of demolition and new construction will be added to your basis, whatever that basis is at the time.

For example, a job with a builder will expose you to lots of things: land acquisition, new construction, renovation, trade experience and contracts, financing, permitting, etc.

***Update Here***Should I keep Or Sale Gut Flip in B- area.If I sale my new flip best I’ll get is 30k after 9 months.If I keep as a Long term rental I’ll have to convert the garage into a 1 bed cottage at an additional cost of $35k leaving a total of $107k left in this deal after 70% refi and closing cost.

Should you still need assistance, we are a Mortgage Brokerage and have specialty new construction loan options for me.

Hey, I was recently released from prison and looking to invest in real estate. I am interested in small multi-family homes. As I have just released I don't have much in the way of a down payment ($2000), and I am on a...