Travis Cheney
ISO Rehab to Rent financing
Hi BP friends. I own a property in Tuckerton, NJ with an ARV of $325k that I’m looking to rehab and rent. Several GC’s have estimated about $100k in work. Being that I own it outright, and only need $125k (budgeting f...
Kim Hud
Marketing Units Before Renovated - Does that work?
Anyone have experience marketing units as “coming soon”? Basically preselling units so that way you have applicants lined up once renovations are complete. If you do have experience doing please share your strategy. S...
Christopher Allen
Multi-family/House-hacking guidance in Raleigh, NC
Hello Great People,I am looking to purchase my first investment property in the Novemberish time frame. I am looking to house hack a 2-4 unit multi-family property, ideally near NC State as I will be going for my Mast...
Charli Cook
203k loans compared to FHA
I recently purchased my first home with FHA. However I now want to begin investing. Can I now obtain another property with a 203K loan? Or do I have to wait until I can refinance and change my loan into a conventional...
John Jackson
Newbie pursuing a distressed property
Ok, I can see I am in a certain category which may be a nuisance. Please accept my apology for that.I'm another person who's looking to create a solution - for buying a house I want to make the home for me and my fam...
Derek Wheeler
SFH converted to a duplex advice
Hello!
I am currently under control on a duplex in Arizona and I came across information that I am concerned about. The property was originally a single family home converted to be a duplex and was never permitted to...
Katie Greenman
What is the best way to Increase appraisal value
What improvements should be made in a property if trying to increase appraisal value in Texas. I am submitting an offer for a multiplex and it needs some tlc. What do I hit first? I am trying to keep as much money in ...
Ken Hipp
Are all reno costs part of the initial cost basis?
I bought a foreclosure(3 plex) in Feb. $55,000. Renovated ($30,000) til May 1st when I rented it out. Are all reno costs part of the initial cost basis? I also did another $20,000 in siding, windows and roofing durin...
Marco Y.
Feels like a scam...
Hello Everyone,I just recently closed on a two family house in North Jersey that I bought from Fannie Mae. I sent in all the permits last week for the complete gut rehab I will be doing in this house. Today I received...
Randy Brown
Can I finance a multi family with Freddie Mac after renovation
Hello all,I am looking at a multi family property that should have excellent value add opportunity. I should be in a position to purchase and rehab the property with a combination of my cash and private lending. My qu...