Alex Kohler
FHA loan, down payment, cashflow
Hi BP!I had a quick question.... If you use and FHA loan for 3.5% down on a small multifamily property can it still cashflow (or at least pay mortgage) if I live in one of the units? Or will I have to put at least 20%...
Matthew Do
Cost of Joist / Structural Repair?
Hi, first post so I hope this is the correct forum. Situation: Typcial two-story Philadelphia row home. Second story beam at the stair is sagging / deflecting. Was previously supported years ago with lolly columns at...
David Wales
Surety Bond in NC
I am an investor who is currently acting as GC on a flip in Charlotte, NC. In NC a homeowner cannot obtain a building permit if the property is not his primary residence without first obtaining a surety bond. Had an...
Derek Carroll
Flips in the winter
How does everyone handle flips in the winter in cold weather areas?
Specifically I'm starting one where many of my contractors want to wait for warmer weather for some of the exterior painting and staining. I'm hopin...
Brian Wadley
Young 17 year old looking to learn the game
Hello everyone I’m thrilled that I’ve found this I currently am a senior in high school who works at a terrible Kroger that pays under 10 a hour I found that real estate is something I want to do I heard about wholesa...
Henri Corbusier
Made Only have 100k to rehab, most likely not enough
Hi BP. I find myself in a situation where I seem to have a deal in Los Angeles. To make a long story short, I've helped a few fix and flip guys for a while free and finally someone said they would wholesale one of th...
Tera Mabe
First Flip. Ready to go again!
Investment Info:
Single-family residence fix & flip investment in Knoxville.
Purchase price: $67,000
Cash invested: $17,000
Sale price: $127,900
3 Bd, 1 Ba. SF. Rancher.
What made yo...
James McGovern
What are ideal scenario for seller financing for multifamily properties
When it comes to seller finance of a multifamily property, are they typically five year baloon or thirty years. What are the typical interests you have seen?
Huy Vo
Replacing a soaking bathtub
Hello BiggerPockets community,
I'm looking into analyzing my first investment property and stumbling upon a situation with this bathtub. I want to either replace it or convert it to somehow have a shower and it can s...
Account Closed
Cost for full gut(or close to it) renovation in Detroit
Hello Forum, I recently purchased a property in Detroit, house was built in 1927 electrical and plumbing essentially original to property. It's currently set up and zoned as a Duplex about 4400 sq ft(including attic a...