Hey All,As a landlord, flipper or any other niche you might be into, would you consider having existing conditions such as floor plans, site plans and mechanical plans be an benefit to your business. I notice many com...
What is a typical deposit and draw schedule look like for a rehab?
My GC just sent me a bid and has the following...
$7,500 deposit
Draw 2 upon completion of Demolition - $7,500
Draw 3 once ...
I'm looking for some collective wisdom to chime in with their own experience on this. I want to give my rehab crew all they need to get the job done but want to protect myself by ensuring the final draw is large enoug...
Hello,A little background. This past year we have run the gamut of GC's. A fellow rehabber was taken for 23k. The GC just took the money and never showed up. I had a few bad experiences culminating with this last ...
Hi all,I received an invoice from my plumber, but need to get official drawings of connecting our back house to our main septic tank. My plumber said he doesn’t do this and that I’ll need to find someone separate. Doe...
Hi everyone,
I will have 2 LLC's shortly. How can I go about transferring emergency funds between the LLC's as needed? What about depositing personal money into an LLC or drawing money from an LLC to put in a persona...
So I am looking at a hard money lenders website (Lending One ) being new to Investing I was doing some research . Here is what it says in the faqDo you fund the repair cost Yes, we specialize in Fix/Flip lending th...
I'm asking for some feedback on this deal that has been placed in my lap. I have two SFR properties valued @ 150k. My purchase price is 120k. The builder is willing to cash back 30k each property (after closing costs,...
I am under contract for a 1994 SFH which was built by a developer. Where can I find the original architectural drawings? Building is in cook county Illinois. I've tried accessors office and recorders office
So I have I have posted this question on my Bigger Pockets blog, but I want as much feed back as possible. I just got into the first unit of my Four-plex, and its pretty bad. Well I think it is, first a little back...