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Results (10,000+)
Izavion Joanes Private Lending/HML help
11 May 2020 | 8 replies
@James Nelson I expect to need about to 10% of the ARV of whatever deal I find in the area.
Craig Salzer Connection to city sewer
21 May 2020 | 8 replies
Our second park was a turnaround project that we purchased at a bargain cap rate but where we were going to need to replace all the water and sewer lines in order for the city to agree to let us get all the tenants on direct bill with the city (initially it was one master meter paid for by us, about $5-$6,000 per month, crazy leaks, terrible).
Janelle Hicks Which deal would you do?
10 May 2020 | 4 replies
Needs about $50k in repairs as it's been vacant for years- new AC unit, new roof, siding/soffit repairs, new flooring, etc.
BJ Min If you had 500k in equity, what would you invest in next?
24 May 2020 | 31 replies
Prepping foundation and structure (beams, foundation, roof etc) between $25k and $50k (ball park) : contractor has to see plans to bid accurately.
JC Leach What to look for in an inspection report?
11 May 2020 | 6 replies
I generally start by talking with my inspector then on his recommendation I reach out to the appropriate vendors (HVAC, roof, etc.).
Obie Gutierrez Advice for Removing or Selling an Old Mobile Home
11 May 2020 | 14 replies
My family has a mobile home that is in bad shape and has issues with mold and a caving floor (water leak) and roof (tree damage) in certain areas.
Juan David Maldonado Private money lending requriments?
10 May 2020 | 1 reply
Also, you need to take draws against the loan so unless you can negotiate some really great payment terms with your vendors and suppliers, you are going to need to have some more cash of your own.Pre-pandemic, the "serious" ones will charge 2points up front and start you off 10%-12% interest. 
Ruben M. Won a HUD property. FHA Loan question
11 May 2020 | 7 replies
I've sold HUD Homes (as the buyer's agent) where the buyer's FHA appraiser required new floor coverings, new paint, roof inspections, a bathroom remodel, and a whole laundry list of repairs to meet the PCRs prior to closing. 
Tobias Joneses condo vs sfh when you don't live close by
11 May 2020 | 3 replies
With a condo at least I won't have to worry about the roof and exterior maintenance. 
Edward Eloma BRRR? FLIP? HOLD? HOW TO FINANCE IT
12 May 2020 | 8 replies
FHA 203k or Conventional or cash buy it. we were hoping to get the house for 100,000 and rehab some of the house for 50k. but we are running into worries about covering the cost of the septic and well.. and weather or not to BRRRR it or sell it off. my guess is the property could sell for between 260,000-300,000 tops.needs new kitchen gut, 1 bathroom gut, new plumbing throughout, and heating system and new windows and electrical upgrade.whats the best way to go about thisIf you want to use a 203k, you're going to need to occupy the property, for at least a year.