Kerry Boyle
Fix and Flip question...
Theory question here, curious as to everyone's thoughts.$155,000 purchase; $50,000 rehab; $350,000 ARV.Would you rather: A: Fund the entire thing on your own, $205,000 + $3,000 closing costs.B: Pay 7% I/O, and put dow...
George Gao
To Buy or Not Buy Triplex in Houston
Hi BP,I recently came across a triplex in south Houston near Medical Center area. It consists of two separately buildings on one lot. The front SFR is 925sf with 3bd/1ba that’s half rehabbed (still needs kitchen, ba...
Terrell Sapp
Cost to consider
I seen a few methods to determine the offer price. Some say 60-70% ARV minus my profit and rehab..correct me if wrong.I also seen a price deduction from holding and transaction cost which i was also informed two huge ...
Mark McNaughton
[Calc Review] First Investment Mulitfamily Purchase
View report*This link comes directly from our calculators, based on information input by the member who posted.This is my second post on the site and first after upgrading to pro. I've only used the ...
Gaurav Mehta
Things to consider before buying a lot
Hi,I am looking to buy a vacant lot (around 3700 sq ft) in Oakland Area. It is zoned as Multi Family. Looking to buy with all cash (funding from myself and brother). Plan to build a duplex and rent it out.Some questio...
Thierry Van Roy
Critique my APOD
So I'm building a pro-forma APOD on an 18-unit apartment building.
How does this look? Other Income includes a service charge of 50/unit as well as pet fees and late fees for part of the units, but I'm really...
Kevin Brenner
How to Buy a Cash Flowing Quadplex for ~$3,000!
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Savannah.
Purchase price: $350,000
Cash invested: $33,191
4 Unit Quadplex in Savannah, GA. Using my VA entitlement (I'm a...
Eli Kallison
Gut check my quick & dirty rehab cost estimation?
Sorry moving this to the appropriate forum. @Moderators is it possible to delete this post?
Hi BP,
I am considering buying my first BRRR property with significant rehab costs associated with it. I tried to estimate ...
Carl Schmitt
Itemized repair price list
It sounds like a lot of people end up having a deal go bad or not being able to make a deal at all because there rehab estimates were off. Does anyone have, or could we put together, an itemized price list per unit? ...
Steve Mayer
Structuring a partnership on a fix and flip
Hi everyone. I'm seeking advice on the best way to structure a partnership for a single family fix and flip. I am considering teaming up with a friend who is a contractor in California. The original thought is that I ...