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24 June 2024 | 6 replies
Typically, any lease violation can be grounds for eviction so long as your willing to go through the legal cost and process to follow through with it.Â
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19 June 2024 | 2 replies
Doing your own general construction for a rehab project can have several advantages but can be very costly attempting without having knowledge and experience.1.
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21 June 2024 | 11 replies
That means you'll fund 85% of the 90k plus supply the 60k in rehab.Â
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25 June 2024 | 8 replies
And split the cost of course.5.
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22 June 2024 | 12 replies
Most work this way Rates: 9% to 13% (Most Deals are 11-12%)Terms: up to 36 Months (Most Deals are 6-12 months)Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $250,000 $2,500 minimum fee)Max Loan: 65%-70% of After Repair Value(ARV)100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 2 Weeks)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.
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21 June 2024 | 5 replies
How are you guys selecting your contractors and materials to do a rehab.
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21 June 2024 | 7 replies
I've got about $10k I'm willing to spend, and here's what I've come up with as far as updates go:- Add shelving for grocery storage - there's very little today- Rehab the front porch (you can feel the plywood sink in places as you walk over it)- Repaint the outside of the house (paint is peeling)- Add a fence for the back yard- Add a back door (there's only one entrance/exit to the house)- Pave the driveway on both sides of the tree out front- Add exterior lights to the side and back of house- Update kitchen counters (granite?)
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21 June 2024 | 4 replies
Approaching the end of my first BRRRR (rehab to be done in 2 weeks)Â and I'd like to reward my contractor with a cash bonus; I'm wondering what an appropriate amount of money is to give him.
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24 June 2024 | 3 replies
You will create a taxable event that costs you 15% of your profit, plus don’t forget the 3% surcharge on capital gains over $200,000. Â
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23 June 2024 | 20 replies
How much does BPcon 24 cost?