Hey BP! I'm closing on our next property at the beginning of August. It's a unique property in that it's a SFH with a full in-law suite in the basement (2 bed/2 bath with full kitchen) and a separate addition that can...
I've heard some people who are flipping homes offering 20-25% return on money when looking for private money. How is that calculated? Are they figuring in points offered as well as the percentage rate on the loan? Tha...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Putnam.
Purchase price: $81,000
Cash invested: $50,000
Vacant and distressed four-family purchased off of auction.com. I w...
I currently am building spec homes in a rural area in Colorado and have been self funding the spec builds. I am looking into getting a SPEC line of credit for 1MM or 1.5MM. Each project cost is around the 400k market ...
I’m new to this community and any help would greatly appreciated. So I have a question my father has a church/building that is worth over a million dollars and haven't used the equity on the building and the banks are...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Richmond.
Purchase price: $280,000
Cash invested: $100,000
69% post rehab to ARV with 2 units rented for a total of $3,200...
OK, so quick background on myself. Been in construction most of my life, I’ve flipped eight houses in the last 8 years and built one spec house. I definitely know my way around a hammer but the financing has always be...
That's the scenario...
I'm in process of purchasing a piece of land that borders an exclusive private community of 100+ over-water homes.
Their deeds entitle them to 10feet of walkway in some areas, and 20feet of...
Hello,
I am new to the REI world, and am learning so much. The more I learn, the more I realize how much I don't know. I'm a stay-at-home mom with little savings. I've read that having a mentor is important, but hone...
I refinance and I'm having anxiety and depression from having lots of cash in the bank and no good deals. Or deals that make no sense. I'm Boston bound but forget about it. Lots of construction in Southie and Dorchest...