Corey Liepelt
Mold remediation
I'm looking at a house later today that says it has mold "present."I have no idea whether that means there's a bit of mold in the corner of the basement or that the ceiling joists are hairy with it. However, assuming ...
Allen Grant
Sagging floor
I am trying to crunch numbers on my first deal. A fix and flip using a hard money lender. Its a HUD home for 25K. Its a 1300 square foot 2 story built in 1930. When pulling comps, I am estimating the ARV around...
Liam Simmons
Rental Low Water Pressure
Hi all,I am moving out of my first home with the view to rent it out. The hot water pressure is very poor, although my partner and I have lived with it for over a year. It is has an old low pressure cylinder currently...
Chris Pappas
Foreclosure seller contract default, should I leverage this and attempt to renegotiate?
I have been under contract to purchase a foreclosure for approximately 100 days. Pursuant to the purchase and sale agreement, the seller is now in default because it has not closed within the specified term. The prope...
Paul Veronis
Key Indicators in Analyzing Rental Properties
Hello BP Community.I am trying to get better at analyzing rental properties so that I can buy my first investment property. I was curious what other investors consider to be a good GRM, Cap Rate, and Cash on Cash Retu...
Michael Franklin
First Investment Property-My Analysis
Realized I originally posted this in the wrong forum. Duplicating here.After about a year of studying, reading books, and lurking the biggerpockets forums, I'm about to put an offer in on my first investment property....
Melissa Nichols
Using a HELOC for Down Payment on Investment Property
Hello,My husband and I bought a vacation home (2nd home) about a year ago and have been renting it out on Airbnb since January 2017. We bring in an approximate gross profit of $3k per month and a net profit of around ...
Giordano Rodriguez
8 Unit assumable loan. Need Help
Hello Friends,I have an opportunity to purchase an 8 unit property in the Hudson Valley- Kingston NY. The loan is an assumble commercial loan for $270k the seller is looking for his equity portion of $80k. The total i...
Jay Holder
Potential First Property
I have a potential first property that I want to purchase:PP:130k for a TriplexTotal Rent $2025 all 3 units have tenants
Monthly expense is 1500For financing I am looking at private loan with 0% down. I would have ...
Troy Forney
Keep VS sell
Hi bigger pockets! I am looking for some advice. My wife and have 2 duplexes and 3 single family homes. Due to higher taxes and home insurance rates, our cash flow has literally been cut in half. Rents seem to be abou...