Robert P.
Home Insurance - Raise Rent?
I'm in the process of purchasing my first 3-unit property and after doing some calling around, I have come to find out that my home insurance is going to be anywhere from $500-$1,000 more a year that I was anticipatin...
Evan Griffin
The Buy in BRRRR Method
Hello BP, I’m not 100% on the B in BRRRR. Buying a property in distress (best deal) that may not qualify for a bank loan, requires you too pay cash. Perks: Ideal in a competitive market closing faster gives you the ad...
Patrick Q.
How To Purchase Foreclosures
Hello All,I would like to try to purchase my first rental at as ‘discounted’ a price as possible.I plan to to BRRRR it as a means to start the ball rolling on my investment portfolio.How do I purchase foreclosures wit...
Austin Lockard
ARV % question
When trying to find deals for a buy and hold SFH do you use a higher ARV % than you would with a rehab and flip?
Account Closed
how do i handle this?
okay so i have my first property finally under contract.... so now i need to find buyers.the buyers want to check out the propertybut the seller doesnt know that i am wholesaling ithow can i have a bunch of buyers com...
Paul Welden
FHA Issues Temporary Partial Wavier of Appraisal Requirements
Today, the Federal Housing Administration (FHA) issued a Temporary Partial Waiver to parts of the Single Family Housing Policy Handbook
4000.1 (Handbook 4000.1), Section II.D.4.c.iii.(F)(2): FHA Appraisal Requirement...
Paul C.
Capital getting stuck in small multi family BRRRr deals
Hey, my strategy is long term buy and hold of small multi family(2-4) units using BRRRR. However, I am running into major issues on the refinance piece due to lack of comps. On a previous BRRRR, I came out under water...
Alexander M Stanton
How much to spend on home repairs
Hey all,My partner and I are looking at buying our first investment property (a three-family) in Worcester and trying to estimate CapEx for repairs.The house we are leaning towards is pretty solid- we see around a 7-8...
Ben Higginbotham
Annual Market Sales Trend
Hi,My wife and I recently moved to the Spring area due to a new job, as part of the move we sold the house that we had in Indiana and cashed out our equity. I am now looking at some investment options in the spring wo...
Regina Sloan
question about earnest money/offer acceptance process
Hello BP,
Have a quick question that google isn't clear about. An offer was put on a flip property yesterday, it was accepted. Earnest money is due by Friday. No walk-through or inspection completed yet, but red f...