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Okay, I'm having a hard time understanding how draws work with a rehab loan from a hard money lender. The way I understand it is: I have to pay for the work initially. Then I apply for a draw and provide invoices. ...
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Hello BP. Looking for any info on how to get started with something small, doing some of the work myself and going from there. Any advice for a first timer would be much appreciated.Goal to have 10 good rentals in 10 ...
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Ok I contacted a mortgage lender in my area about what I would like to do.
Here is his repsonse...
There are rehab loans you can utilize for something like this. A lot of them
require a builder and a lot of headache...
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Hello! I was curious what a rough estimate would be to finish the interior of a house that is already framed, wired, and has plumbing. It's an 1,800sqft cabin with 4 levels in Montana. Thanks!
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I am seeing a lot of Mobile Home topics lately and some wonderfully knowledgeable individuals have posted some great topics. With that in mind, I would like to build a list of items that the majority of MH invest...
Does anyone have any experience with offering Wifi to tenants? I live in a triplex with tenants and I was thinking of buying wifi and offering as an additional fee to the rent. Does anyone have any experience with thi...
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Wife was heading Down to Florida on Business. Thinking about buying a vacation home/rental in or around Port Charlotte Fl. What is Floridians thoughts. TIA
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I've scoured the forums looking for an answer to this, and it might be a "duh" moment but I figured I would ask anyways.A short backstory: My wife and I have just received a HELOC on our primary residence and are on o...
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Hey guys, I am a General Contractor from Upstate NY. I am looking to get out of NY and it looks like we will be landing in the Bend Oregon area. The prices for pre-existing homes are through the roof and home prices i...
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Hi all,
We just wrapped up our latest project and boy was it a doozy. We had an exit strategy planned going into this property, but now that the dust has settled, we see whats selling around us and the appraisal is...