Michael Quarles
I’m bored…. Anyone need help? In central California.
16 January 2025 | 2 replies
She went through a couple brain surgeries and major post issues.
Greg Grisez
Tenant shot & in the hospital
11 January 2025 | 18 replies
Got a call from the tenants mother on Tuesday morning - she said her son (my tenant) was shot nine times this past Saturday & is in intensive care, surgeries, etc.
Dennis Knapp
how to figure repair costs and arv
15 January 2025 | 7 replies
Light Cosmetic ($40 x Sq.
Chris Kay
How Far Does $50k Go for Rehab?
15 January 2025 | 14 replies
But enough to make to do all the cosmetics along with a few major items like HVAC, appliances, etc.
Christian Bukle
Bigger Pockets Introduction Post!!!
3 January 2025 | 3 replies
Unfortunately, my service was cut short due to an injury during deployment, which required spine surgery.
Alan Asriants
The realities of when you start acquiring more units - unexpected vacancy
14 January 2025 | 9 replies
I'm curious as to what cosmetic rehab you have to do that costs $27K?
Ryan G.
Investment Property opportunity assistance
6 January 2025 | 5 replies
Here are some of its vitals:- Zestimate: $345K (I know this is typically 10% or so high)- Last Sold: 8/2021 for $281K- Roughly 1400 sqft- Some cosmetic work needed- $25K left on solar loan- The home was build in 2004 and it looks like it has the original AC unit, so I am assuming that needs to be replaced too. - 2 story house with very small rooms and and 2 steps down, imminently as you enter the front door.- Gated community and in a reasonable HOA. - The home is 2 payments behind and already got a letter from the lender about future foreclose.
Brad Roche
FHA 203(k) vs. Fannie Mae Homestyle Renovation Loan
13 January 2025 | 5 replies
., new roofing, foundation repairs)-Cosmetic Enhancements (e.g., new flooring, updated bathroom/kitchen fixtures)-Energy Efficiency Upgrades (e.g., solar panels)-Accessibility Modifications (e.g., ramps, widened doorways)-Luxury Items (e.g., pool)-LandscapingNot Acceptable Renovations:-Commercial Use (e.g., turning a residential property into a commercial property)-Temporary Structures-Non-Residential Buildings (e.g., barns, stables)FHA 203(k)Minimum Down Payment: 3.5%Minimum Credit Score: 620Minimum Loan Amount: $50,000Maximum Loan Amount: $524,225Occupancy Types: Primary Residence ONLYUnit Maximum: 4 UnitsAcceptable Renovations:-Structural Improvements/Reconstruction (e.g., adding rooms, bathrooms)-Cosmetic Enhancements-Eliminate Health and Safety Hazards-Energy Efficiency Improvements-Major Landscaping (e.g., grading, tree removal, adding walkways)Non-Acceptable Renovations:-Luxury Items-Commercial Use-Temporary Structures-Non-Residential BuildingsBoth of these renovation loans are similar in many ways, but the key differences are:1.