Khadijah Celestine
How to calculate cash needed for BRRR?
So,The big picture: My father is going to take a heloc out on his house in order for us to purchase and renovate a property and then we are going to use my personal first time home buyer, to purchase the house with a ...
Dane Michael Lannon
203k type loan for a shabby duplex?
Hey all,Looking at a set of duplexes that are currently rented but they're in rough shape. Each one needs about 30k in renovations, but they're "liveable" if you're into the slumlord thing. We have the cash to purchas...
Phong Lam
Inheritance Tax Escrowed by Title Company from Sheriff Sale Home?
Hello B.P. Community! Hope all is well! Not sure if anyone ran into this similar situation before, but I can see that it can become a big headache for many investors if this situation arises and hopefully there'll be ...
Michael Stole
How does property managements work and how much do they charge?
In another post, I ask for reference of property management for managing a SFH that I intend to rent out. Though I am out of state, I don't want to sell given the rising market condition there.
Here I would like to ...
Dan Sabo
Renovated my primary residence -- How to finance a rental with it
I purchased my first home a year ago, and just completed the renovations. Not only was the original purchase a good deal, we have rehabbed the entire house. Since most of my cash is sunk into the reno, how can I use t...
Patrick Martone
Considering Commercial Flips & Commercial Rehab Contractor
Does anybody here do commercial flips or renovations? I believe it may be a good niche for myself. I would consider doing my own renovations, and potentially get licensed as a contractor and find my own clients.I want...
Hunter Long
First Time Home Buyer, First Time Flip!
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $155,000
Cash invested: $24,000
Sale price: $195,000
House was built in 1963 and needed some renovations. Updat...
Elijah Williamson
Have a deal with a motivated seller but no cash
I had a deal brought to me that looks good on paper, is close to me, and has a motivated seller. Even at asking price, the numbers seem to work out decently. My only problem is I'm currently renovating a property and ...
Chris Morris
first home purchase now brings in $1200 monthly cashflow
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $754,500
Cash invested: $220,000
We purchased a single family home to live in. We then purchased another single fam...
Molly O Branson
Creative Financing- is hard money the best option?
Hello! I'm under contract for my first multi-unit purchase (4 unit). The building needs a lot of work-- electrical, plumbing, roof, new kitchens, etc. I received a bid for $90k for the whole renovation (not including ...