Good morning BP - I have searched for a comprehensive answer to this without success. I have see some really informative answers and comments by Matthew Teifke back in 2017 and Joel Owens over the years.
A few post ...
Hello all, I'm looking to purchase my first personal BRRRR deal in Chicago and I'm a real estate agent. Here are the specifics:Property Type: 2-flat sold via HUD. (First Floor: 2bd/1bath & Second Floor: 3bd/1bath)...
Hi there! I applied for a DSCR loan and the terms include vague language indicating they may be a penalty if paying the loan early. Is this common for these types of loans? Is there a typical minimum period where the ...
Hello everyone!
Does anyone know if there is any work around with Dcsr loans if the owner wants to live in the house?
My wife and I recently completed two BRRRR deals, and have some capital from the cash out refinance. We would like to get some more capital in order to scale more quickly and know a few good wholesalers, so we were th...
What is an acceptable minimum amount of annual cash flow for a SFR that's free and clear?
Looking at a duplex where the current owner pays utilities simply because there is no si meter for water or electric.If I were to try and sub meter it, how much would that cost?If it’s to expensive to switch over how ...
Hi BP community! I need some input on an investment property. Is it better to factor in my construction costs into the Hard Money OR use the cash I’ve set aside towards construction? I’m a contractor so the constructi...
Hi all! We are considering an out of state investment property and the agent disclosed that there was a foundation structural inspection that shows cracks in the brick veneer and foundation wall. The inspector recomme...
Hi everyone, What type of weather damages do you see in Kansas City? For example, in California, we have earthquake and foundational issues. In Atlanta, some areas tends to have flood. If the temperature goes below fr...