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25 June 2018 | 40 replies
The people on BP that I follow and ask advice from the most tend to have better ratios.
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27 June 2018 | 13 replies
It seems like the general consensus is to utilize a HELOC over a HEL to fund my first deal and then follow the BRRR strategy to keep the HELOC open for future deals.
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10 July 2018 | 9 replies
A few follow up questions...1) Caleb - when you meniton your 8-10% return, are you talking IRR or Cash on Cash?
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20 June 2018 | 4 replies
Maybe more of an overhaul than tearing it out and replacing with electric...just curious if it's ever done.I'll follow your suggestion and get another electrical estimate or two.
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27 June 2018 | 9 replies
Do not sign it until then.Otherwise, follow your local laws to remove him asap.As said, only month-to-month leases on in-home roommates.
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20 June 2018 | 1 reply
Escape clause is as easy as finding something unexpected that pushes the rehab budget too far.
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26 June 2018 | 12 replies
It was a consideration but this bank seems to be pushing their product and I have had a lot of good feedback from others in Duluth who have used it.
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14 July 2018 | 23 replies
My hope for you is that you gain the knowledge you need to be comfortable and follow your passion.
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13 July 2018 | 5 replies
If the deal still works even with you paying for the damage, that may be something to consider as well, but I'd definitely push for a price reduction nonetheless.
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26 June 2018 | 6 replies
They made a soft commitment, at my request and then followed up when everything was finished.