Anthony Warlick
1st Deal Analysis, Help needed
3 duplexes (3/2) on 5 acres. Average Rent currently is 1200/mo each (7200/mo). Average rent for 3/2 in the area is 1600/mo (9600/mo). Asking price $1,250,000. I can get 30y just under 8% currently from my local ba...
Jennifer Stradtman
New construction/6 units/hiring a GC insights?
One of my bankers referred me to a GC she has built spec homes with successfully. We’ve been talking about replicating that model. He finds land, gets it zoned, handles site prep and construction. He approached me abo...
Matthew Banks
transition to a full-time flipping / BRRRR business
I've done about 10 rehabs of residential property and currently own 5 rentals. We're rehabbing a mid-century modern rental at the moment. I also own a home that I plan to rehab next. We enjoy the projects and the work...
Jason Young
How is this strategy for B&H's
After much thought I think I finally have my strategy locked down (maybe not as I discovered as I wrote this all out). A little backstory, I bought a condo at auction in cash a year ago I rehabbed it and now rent it. ...
DeMarrius Payne
Analyze this deal
I am starting out and trying to practice analyzing deals. My only problem is how do I do this if I haven't been to bank and I haven't seen the house to estimate rehab.
The deal o have now is a 5unit multi listed at ...
Nathan See
My first potential flip! Need help running numbers.
Hi all! New member here in the Denver, CO area. A friend of mine came to me with a potential deal. Looking for help running the numbers on this potential flip. Asking price of 270k with comps in the low to mid 300s(31...
John Cameron
Syndication Threshold for smaller mulitfamily properties
Is there a minimum threshold for syndication? For instance, could you do syndication for 5-10 unit properties?
Michael King
Who's refinancing March 2020?
I just got a quote for 3.0% on my primary. On $250K at 4.375% at present, a drop to 3.0 will see my monthly drop by $200, and interest reduction of $300 on the first repayment. Is now the right time to refi, or should...
Ryan Johnson
Cash out Refi personal home vs HELOC vs Conventional - 1st deal
My first REI was a lot bought at auction last year that has over doubled in value. Its time to move on. Im looking to purchase my first income generating property now. Running numbers on SFH and 2-4 plex in the Housto...
Laura Graves
Choosing which neighborhood to invest
This is my first post, new to BP here. I am an accountant and have always been interested in fixing up houses and in building a business one day. My husband is an electrician now and use to lay carpet when we first me...