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During the inspection, a crack was discovered outside the building but no crack inside. There are signs of some water damage. My reliable contractor says 10k in expense. My fear is will the building collapse down th...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $150,000
Cash invested: $15,000
Property originally on hold by the bank (taken to the original owner)
What...
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I need to cash out refi this year, to pay down some hard money loans, my DTI took a beating. My lender wants to see 6k of profit between 3 properties. I asked my CPA, his reply below.Can you define “profit”? Is that t...
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I found a property that is partially in an Open Residential Zone (OR-1-1) and I was hoping to an add an ADU to this property. Was thinking due to size of the house could easily be 900sqft 2BR detached, but I have no i...
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New to BP. Cool site. I have been prop investing since 2008. 3 places for 7 units. Going great. Only issue is qualifying always is based on personal income and reaching my max ability to
qualify based on income not o...
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Hey everyone!
I am looking into purchasing a self-storage unit from my in-laws. They're in the golden years and don't want to deal with it anymore.
I was coming to the forums here because I need advice! :-)
The ...
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I am currently under contract for an SFR in Texas. The house was recently remodelled but after the inspection, there were some issues found. Although the cosmetic finishes look quite good, there are some fundamental...
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Is this a success story??Great renovation and a gorgeous home with a net profit of $24,906.94!Check out these before and after photos!!Purchase price $275,000closing and holding $31,177renovation cost $98,356Sale pric...
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Hey y'all,
Anyone know of or have experience financing an ADU? From what I have been researching, their are renovation fixed rate loans like homestyle loans that fund the ADU but don't display the rates on their site...
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After buying rental property I found that AC is not working at all. When I did inspection it was working fine. I am not planning to keep house more than 2 years. AC is not fixable. What should I do? Try to find cheape...