Dear Bigger Pocket community,First of all all my apologies if this post seems to have already been talked multiple time - I just have not seen it through the eye of the cost of the loan.I am considering buying two pro...
Hey all, I'm a new investor in California and have noticed interesting deals interesting Texas, but can't figure out average rehab costs per square foot. For a house about 2,000 ft Sq, with light rehab (paint, floor, ...
Hello, I was hoping to learn from any one who may have been doing the BRRR model on multifamily properties (4 units). Specifically around doing the finance piece. I know Multi family vs. Single Family homes ARV calcul...
Hi,When syndicating an apartment building, who typically covers the attorney fees and closing costs? Does the syndicator or is that a fee paid out by the investors?Thanks.Eli
Hello I've been talking to three banks and I have been inquiring about potential interest rates I could get if I were to get prequalified with them for a conventional loan on my first investment property. I don't have...
Just got our latest estimate for our Phase 2 of a location. This is for your normal drive up units. Last fall Phase 1 we were $3,200 erected for 10 x 15 or 10 x 20. This was contracted around February of last year. La...
I am planning to do a partial 1031 exchange but I am confused.- I thought the rules were that in order to do a 1031 exchange I need to buy a property of at least the SAME (or more) value of the net sale of the previou...
Good afternoon BP! I am getting into wholesale in the Chicago land area, so far I have had little trouble getting in contact with "motivated sellers" and getting things under contract. I am working on getting my first...
Hey!Before doing a thorough inspection on the house to accurately estimate the rehab job, is there a quick method that anyone uses to calculate the rehab? In order to quickly weed out prospects when analyzing properti...
I've been playing around with KBKG's online calculator for cost segregation and realized that the issue with BRRRR is that the cost basis compared to the value is relativley low. At least per property, it adds up over...