Sammy Vazquez
Transfer Duplex to an LLC
I'm wanting to transfer our Cleveland Heights duplex to an LLC. I called the bank and after 2 hours of speaking to several departments, requesting steps to transfer the property to an LLC, none could give me a firm a...
Joseph Devito
Just getting started
Hello everyone , my name is Joe and I’m just getting started into buying distressed home and flipping after Reno’s. My question is ... I have The liquid cash for purchase , I dont Have the liquid cash for renovations ...
Justin Kwan
OPM and First Time Home Buy
In regards to the BRRRR strategy - does refinancing the Rental into a Conventional Loan after Rehab disqualify the use of a First Time Home Buyer Loan in the future?
Jason Malabute
ONE THING I'M CHANGING IN MY BUSINESS
Last November, when I hired my first employee I was too lax. I would let him update our KPI's without verifying them. I didn't track his stats everyday. I would wait until the weekend to look at the numbers. We would ...
Jonathon Nila
Don’t care if you have 0 deals or a 100 need advice!
What's Up BP Community! Originally I have been approved for a standard FHA loan through a loan officer I met on BP for a duplex to house hack. I want to explore my options towards the Limited 203k loan as a first time...
Ian Checketts
Multi-family Construction and Renovations
How often has an item come up during underwriting, or due diligence and you have to track down a million contractors to try to get pricing for that work that needs to be done? Have you used a contractors pricing, then...
Andrew Asmus
1st Flip sold in 2021. 24k profit.
Investment Info:
Single-family residence fix & flip investment in Houston.
Purchase price: $125,000
Cash invested: $64,000
Sale price: $235,500
Purchased this SFR from the MLS the first day i...
Rocky V.
$22K Paid to a Wholesaler
For all you newbies out there I just want to show you that wholesaling is a lucrative business. I was the buyer on this transaction and never questioned their fee because the property was offered to me at a price I w...
Sonny Samuelson
Carpet Replacement Recommendations
Dear Big Pocket community;I own a small rental property in Pflugerville TX and last week the A/C unit started leaking due to poor workmanship as a result the carpet in the adjacent room was found to be soaking wet and...
Rene P.
Selling a rehab during the slow season?
Just like to know from all experienced RE flippers, is it a bad time to buy, rehab & sell during the winter months? I currently have an opportunity to buy a small home for rehab right now which means if the projec...