Hey guys! Just learned about BP from the ChoosFI crowd and am super excited to dig into this. My wife will be active duty AF in 2020 and we will potentially be living in the Chesapeake/Norfolk, VA area. We'd like to u...
Hi guys, wanted to know if real estate OOS investors in Austin use home warranty and have their PM work with HW in case of repairs ? My PM is against working with home warranty companies due to their slow response tim...
2BR / 1BA house. 1,150 sq ft. 50 yrs old.
Heating needs fixed. Plumbing (bathroom needs plumbing hooked up and basement has broken pipe) needs repair.
Median rent is $550/month, but I think it'd be closer to $4...
I've only been in this business a few years, but have purchased a lot of deals. Mostly from motivated homeowners, and bank foreclosures, which I understand and expect many of those to be in bad condition. But lately...
Hello BP people, I want to revisit an old deal I have previously posted. My numbers on repairs/rehab are still rough estimates at this moment, it is just an estimate based on what I have seen so far.*These numbers re...
Hi!
I’m 21 i want to start flipping houses in my area (Baltimore) but don’t know where to start I’m in school for psychology to be a doctor but i really want to invest in real estate too.
I watch videos about it...
Hi Friends!I am a "relatively new" investor who in a sense is just starting out. I actually have two SFR that I bought over 10 years ago when I was in the military, long before I ever discovered BP and all of the amaz...
Hey Biggerpockets Community,I'm a new member, a soon-to-be investor, and a realtor in the Washington DC area. I have a dilemma and thought this would be a great place to get some feedback. Essentially choices that I...
So here’s an example Brrrr just to see if I understand how the numbers work.
House valued: $100k
DP: $20k
Loan: $80k
Rehab: $20k
ARV: $160
Refi: $160k * 75% = $120k
Cash out: $120k - $80k = $40k for next deal
...
Alright Bigger Pockets experts, this is my first post and I need some professional advice. https://www.zillow.com/homedetails/513-Wood-Nymph-Ln-Chesapeake-VA-23323/248592125_zpid/Looking to make an offer without an ag...