Patrick Foley
NH Newbie Looking To BRRRR
16 July 2019 | 19 replies
I know I will be strong on the rehab side but am leaning toward working with someone else with more experience on the purchase, and rental/sale design aspects.
Scott Johnson
Paying Pros in whokesaling due diligence. Is it worth it?
5 July 2019 | 0 replies
The report has been professionally designed, along with a credibility packet we give to potential sellers when we meet with them.End resultIt would take $855 (and roughly a week) to get the property we’re wholesaling ready to go, and if a contract won’t be renegotiated, we be out $300.
Alan Kock
Question regarding door next to another door apts
6 July 2019 | 2 replies
I sometimes think the designers did not think the layout well.I see lot of apartments that has same problem.
Robert Prell
Looking for a Bigger Pockets show on Apartment buildings
6 July 2019 | 1 reply
I believe it's Podcast 150: https://www.biggerpockets.com/blog/2015/11/26/bp-podcast-150designing-lifestyle-based-real-estate-business-luke-swab/Here's the transcript where you read about Luke talking about being a commercial fisherman in Alaska: https://www.biggerpockets.com/bpp150-luke-swab-podcast-transcript-designing-a-lifestyle-based-real-estate-business
Alison Pels
Brooklyn PLG mixed use rental
18 July 2019 | 12 replies
There are very few contractors I would trust to value engineer and go to for design advice.
Todd Fullerlove
Letters or flyers for mailing
9 July 2019 | 3 replies
It depends on the postcard design of course.
Nicholas Anderson
Renting Out Your Upgraded Home, Worth it?
8 July 2019 | 2 replies
I've always figured it was a given that renters are harder on a house than owners and you furnish rentals with builder-grade items designed for durability, am I wrong?
Grayson Gist
Why is DTI so hard to overcome?
10 July 2019 | 12 replies
@Grayson GistThere are a couple of reasons:Occupancy fraud is the number one type of fraud in the mortgage industryMost people buy a 4 unit and then move up to a single family; they don't continue to buy 4 unit propertiesFHA expressly says in its guidelines that "FHA will not insure a mortgage if it is determined that the transaction was designed to use FHA mortgage insurance as a vehicle for obtaining investment properties, even if the property to be insured will be the only one owned using FHA mortgage insurance." https://www.hud.gov/sites/documents/4155-1_4_SECB.PDF ... so if you're trying to use FHA, you could be running into that guidelineOver 2 units, FHA requires the property to pass a self sufficiency test as well, meaning 75% of the market rents must cover the mortgage amount and they also have to apply a market vacancy rate to the mix.Lots of reasons to just live where you're living now and get a portfolio loan that has none of the above guidelines.Stephanie
Mike Blackwood
I Love Mobile Home Parks
18 September 2020 | 10 replies
The park was designed and approved by the county to have 126 pads once a new road was added.
Joshua Biondi
Advice on setting up a website with virtual tours?
9 July 2019 | 3 replies
I don’t have the money to hire an expensive web designer at the moment.