Account Closed
Order of Rehab- First flip, need help
Hi everyone, I just closed on my first investment property this past Monday. I'm strongly considering managing the project myself. I received a very high bid from my contractor and that's why I'm debating running the ...
Account Closed
Multi-Family/Commercial Building Deal! Need input!
Hey all! Check out this deal I came across and let me know your thoughts on it! I did this at the assumption I would be purchasing the asking price!Info: 3-1 bedrooms, 1-2 bedroom, and a commercial spaceRents: I assum...
Connie Willingham
Help with ReFinancing an Underwater Loan
I have a rental townhouse assessed at $114,000. Bank loan at $121,000. I'm $200 out of pocket each month to meet the mortgage and it needs a new roof. Wells Fargo owns the loan, but Bank of America services the...
Benjamin Haberman
First flip
Closed on house yesterday. Single family-4 bed , 2 bath.Paid $127Rehab budgeted- $30 kList price- $249,950Day one- Ripped up all carpet, tack board, base board, kitchen laminant/cabinets out. Sub floors have areas th...
Matt Faix
Tenant wants a garden
We have a tenant that moved into a duplex about a month ago and asked if she could use a small portion of the yard to make a garden. She moved out of a house that she and her ex-husband owned, so she is accustomed to ...
Tyler Weinrich
Would you overpay on purchase price if cashflow is there?
Looking at a park and owner is asking $130k over what it will probably appraise for but is willing to finance the whole purchase. This got me thinking, if you could get the owner to finance 100% (or even 95%) of the p...
Tyler Carson
Wholesaling dead in Northern Nevada?
I am new to wholesaling and am about to make my first order of signs and leads. Today, I spoke with the host of the local REI club, who is a realtor, and he all but told me not to bother. He said that our area has b...
Account Closed
When do you use hard money in wholesaling?
Hello,Newbie question here, would really like to hear your answers, thanks in advanced.I found a home through a referral. The home is in complete shambles (no plumbing, no electrical, water damage etc.) about $150K in...
Graham K.
Need a lender for a unique jumbo cash out refi situation
Two and a half years ago my wife and I bought a fixer SFR for $450k in a neighborhood where houses rarely sell for less than a million. The rehab cost more than expected (surprise surprise) at about $650k. So we’re in...
Trevor Lohman
Hi from Tustin, CA
Hello Bigger Pockets!
My name is Trevor, I'm 24, and I'm living in Tustin, CA. I am an Anatomy Professor and a Health Care Administrator. I Love teaching, but I can't say I love my full time Rehab Director ...