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Hello BP!
I recently completed a remodel on my primary residence and I’m trying to decide whether a cash out refinance is a good play to access my current home’s equity as a basis for a future investment. I recentl...
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I'll try and make this to the point however I do have sereval questions wrapped into this post. I recently bought an off market property, in a small bedroom community, on Seattle's Eastside. Single family homes here a...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $161,000
Cash invested: $180,000
Converted this 2200 SF 1950's ranch into 2 units- upstairs and downstairs. ...
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I am in the process of turning my primary home(built in 1955) into a rental. The house has some updates but the bathrooms unfortunately are not. With that being said, another house in my neighborhood was being remod...
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I was underwriting a couple markets as looking to purchase some additional SFHs. When I underwrite with 10% mgmt, 10% Repairs and Maintenance, and throw $100/month in the bank for reserves, I am seeing cash flow at ri...
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I'm a first-time investor looking to move into a small MFU, rent out the other unit(s), and rent my current single-family house. The duplex in the report is in the mountains, but close enough to commute to downtown De...
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Investment Info:
Single-family residence buy & hold investment in Ontario.
Purchase price: $410,000
Cash invested: $44,280
4 bed 2 bath
1474 sq ft
7142 sq ft lot
built 1980
What made you...
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Hello BP community!
My family and I are moving out to the Post Falls area in about 6 months. I plan to start a business in the rehab and remodel field (will hopefully grow to other things). I would like to connect w...
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Investment Info:
Condo buy & hold investment in Destin.
Purchase price: $105,000
Cash invested: $26,250
Rental Investment
What made you interested in investing in this type of deal?
I wante...
Where do you go to get financing for majorly distressed houses in small towns? Example: contract price @ 20k and remodel cost $30k = total $50,000. The mainstream lenders pass these up. Is there any mainstream pla...