Shawn Oh
$270 to $400 for Builder's Risk Insurance on $405k rowhouse in DC
Hello,I have a row house in Petworth, DC that I will be purchasing for $405k, looking at ARV of $675k, and wanted to know how much I should be paying for Builder's Risk Insurance and if these are adequate coverage.The...
Karl Lueders
Underwriting guidelines for conventional loans on condos
Do the underwriting guidelines vary based on the bank? And when there's an MI company involved, I get the feeling that MI guidelines are even tighter. Should I assume that unless you're 740+ with 20% down, that you wo...
Andrew Saus
HELP! 120+ Year old plaster with multiple layers of wallpaper and paint!! Fixes..?.
Hello friends!Has anyone had experience with this? I bought a rental property and am debating skiming over the bubbling portions, or just drywalling over everything - since there is a TON of bubbling/bowing from the w...
Clive Smith
Parent and child llc tax question
Parent llC in wyoming - 50% owned by me and 50% owned by my spouse
Child LLC in North Carolina - 100% owned by parent LLC
We brought one 5 unit property in NC in 2021 using Child LLC name as owner and paid cash.
P...
Kaye Rae
Weathering the 2007/2008 Bust and Comparing It to Today
Hello All,
This is my very first post, so thanks in advance for your patience! I looked around on the forum but didn't quite find an answer to my question. Back in the 07/08 housing bust, I was in my early 20's and o...
Stephanie Kiel
Tenant made unauthorized upgrade
Hi all, I am a fairly new landlord in northern Virginia, and have been renting my 2 bedroom town home for the last two years. I just had new tenants move in and within two weeks, the closet shelves in the master bedro...
Jorge Vazquez
There will be a collapse soon, but why do you care?
I realized that if I had kept more reserves and had less leverage and done a rental stress test on my properties, all of the properties I had that I bought at the top of the market in 2006, I would have been doing bet...
Tarik Griffith
Rookie Investor in need of rehab advice
Good afternoon BP, I'm currently lookin for advice on how to renovate property that was left to me. I have 2 two story properties adjacent to each other that are currently vacant and uninhabitable, the roof is collaps...
Thomas Doezema
Rehab In Michigan turned air bnb
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $4,000
Cash invested: $30,000
Purchased house with foundation wall collapsed. House was condemned. I saved cash fro...
Yangyang Jin
How to become a lender in New Jersey
Hello everyone, I'm asking for a family friend who would like to start private lending business, what is your advice of to dos and not to dos and even how to start the process?