Melissa Ewbank
Any out of state flippers?
Hi BP community, wondering if there are any flippers out there that flip outside the market they live in (like out of state, not just another city). If so, how did you get started and how do you manage?I currently liv...
Lee Huffman
Converting a Rehab into a Rental
I'm in the middle of a second flip property in Fayetteville, NC, and we've decided to investigate turning it into a rental to add to our portfolio.
Currently, we are using a Rehab LOC from the bank to finance the pur...
Erik Pacpaco
Overseeing Rehab in Pittsburgh
I’m a long distance real estate investor who is looking to BRRRR in Pittsburgh and having a tough time getting started. I was wondering what other investors do to oversee their rehabs when long distance investing in P...
Manuel Ayluardo
How to do a flip partnership
It’s anyone done a flip partnership? How did you do it and how do you split the profits?
Parth Patel
Choosing locations/rehab costs
Hey everyone,I'm trying to educate myself on how to choose a decent location(in the future). I'm a huge newbie (just started last week) and one of my biggest fears is purchasing a home and then not having anyone rent ...
Joe Sillaman
Investment Property in Montgomery AL, Mid-Town
Hi BP World,
I'm looking at buying a 3bd 1.5b SFR in Montgomery AL. I have 2 exit strategies…1st is Buy and Hold, and 2nd is to Flip. How does these numbers look to you?
ARV $80-$90K
Repairs $35,0...
Robert Vieira
Importance of Equity on Flip and Hold
Hey Everyone,
When purchasing a rehab property with intent to fix and hold, is Equity as important as the Cap Rate and NOI?
Example: Multi-family property is purchased for 10K, and 50K is put into rehab. Local Comps...
Account Closed
Overpaying to fund rehab costs
Duplex for $160k. Needs about $40k in rehab.
Is it possible to come up with an arrangement with the seller to agree to their $160k but pay $200k then after closing have the seller give me the $40k back and I use tha...
Dennis Jervier, Jr
Buy & Rehab - Then Flip ?? Or Buy And Hold ??
Good Morning All -I need Your Views & Advice on this possible deal I'm thinking about doing. 6 Unit BrickAsking $60KARV $ 230KTotal RehabLocation - Not to good of an area in Chicago Comments - Advice - Views - All...
Eric P.
BRRRR ("fix and rent") in Tulsa area
I'm curious if BRRRR ("fix & rent") works in the Tulsa metro area. Essentially, the ability to have your purchase price + rehab costs less than 70% of the ARV, so after you rehab you can find tenants & then re...