Hello!I am trying to better understand the analysis process for BRRRR deals. Specifically, when looking at a potential property to BRRRR, how does one evaluate how much rehab $$ is needed to bring it to an ideal ARV? ...
Hi guys,
I'm in contact on a rehab deal and I'm contemplating if I should go with hard money or rather with an equity partner.
The basics of the deal is
100k purchase price.
25k rehab.
180 ARV.
This should be a...
Hello out there BP.A developer down the street bought an old building and did a great job bringing it back to life. After researching the title on that property, I discovered he used a loan I am unfamiliar. It is call...
Does anyone know how a situation is handled where you have two structures on a property. Live in one structure for 2 years and always rent out the second structure. Then after two years rent out the structure being ow...
Hello Everyone!
Hoping for some advice and a little insight.
When interest rates were lower, July 2022, we locked in heloc fixed for 3 yrs at 3.25% interest only. We just purchased rental number two and I wanted so...
Does anyone have a great lender they've worked with recently? PP would be around 2M and primarily POH and the age of the homes is currently unknown. Just did a deal with Vanderbilt and wasn't too impressed, so I would...
I am in a reflection mood. Think of your worst deal you have done. What happened? Did you buy at too high a price or was there an unknown problem that popped up?
My wife and myself have found our dream house but are concerned about an unknown dirt or soot that is in the home. Home description: ranch style home with basement in eastern NC, no crawl space, central heating and ai...
Hello everyone. I am working on putting a large, 70 unit, apartment building under contract in Ohio. The property is made up of seventy 1 bedroom apartments across three buildings. Think of a hotel style building. Som...
Hello, i currently own a home and want to move out, I have a few options but not sure if any are better than the other. home currently has some equity. 1. sell and buy a cheaper home. 2. Sell home and move to apartmen...