Hello BP,We've completed another flip, and I thought I'd share some pictures and numbers.This house was pretty simple. Mostly a paint and carpet rehab. Holding costs ended up biting us in the butt.Purchase Price - $10...
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Our Second BRRRR! We went over budget and finished later than planned but it’s finally completed; enough to at least put on the market. Definitely learned a lot from this project. This was our first home that we won t...
Just before the pandemic started I signed a purchase contract for a 2beds condo downtown Austin, about 630k. I realized only now that it is not contingent on the financing. I paid already 30k earnest money and another...
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Hi all,I've recently purchased a property in Wayne county (not the city of Detroit) where the sale price was $77,000. The property has an assessed and taxable value of $55000. This property was originally purchased in...
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I began Investing in Real Estate in 2002 when I was in college even earned a degree in Real Estate but stopped in 2006 to focus on my career as a Financial Planner. I said I was going to get back in for 5-6 years but...
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Hello BP, I'm a new real estate investor looking to do my first fix/flip in the DFW area. My main question pertains to financing; would you recommend utilizing hard money or my credit union for financing? My first fli...
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Hello everyone,I am going to apply to assume an existing loan on a 25 unit property that I have under contract. The company that the loan was originated with said that their basic qualifications are that I have a net...
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Not sure this is in the right forum but, I finally finished my remodel after a little over a year, mainly worked on it in my spare time/weekends.
http://specialtyceilings.com/wordpress/
I bought it for 22k and put 8...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Winsted.
Purchase price: $225,000
Cash invested: $56,250
Decided to test a new market and headed up north in Connecticut t...
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I've gotten mixed information from conventional lenders in terms of being able to refinance a cash or hard money property. My intent is to use the hard money loan for the acquisition of distressed, non conventional qu...