Norberto Villanueva
What is ARV? Why Is It Important?
The answer to the question, "What is ARV?" is complex. On the surface, it's an acronym for after-repaired or market value. In other words, a projection of what it will be worth on the open market once repaired. Howeve...
Benjamin Dutil
Seller trying to back out after inspections
Hi BP community. I’m under contract to purchase 2 duplexes. After I had inspections and started the re-negotiations (after the discoveries) the seller wants to back out. I am also a current tenant in the same propert...
Arthur Cross-Najafi
Refinish hardwood in kitchen vs install tile/LVP (rental)
Hello all,
I am currently rehabbing a duplex and today I removed the layers upon layers of flooring in the kitchen (8 different floors, kinda cool tbh) to find pretty decent hardwood flooring underneath. This discove...
Brooks Wharton
My First Flip - 1940s West Ashley Ranch
Investment Info:
Single-family residence fix & flip investment in Charleston.
Purchase price: $270,000
Cash invested: $138,000
Sale price: $528,000
This flip property was my first and thankfu...
Brooks Wharton
My First Flip - 1940s West Ashley Ranch
Investment Info:
Single-family residence fix & flip investment in Charleston.
Purchase price: $270,000
Cash invested: $138,000
Sale price: $528,000
This flip property was my first and thankfu...
Stephany Johnson
Lines of Credit vs Hard Money
My husband and I are nearly finished with our fourth rehab/fix and flip. We've used a combo of our capital, investors (family) and hard money loans. I'm looking into lines of credit to avoid origination fees, higher i...
Deonte Palmer
Padlock on door owner doesn’t know about
I wholesale properties and have a property under contract for a excellent price. I went to see the property and it’s a padlock on the door with a not in the back with violation 108.1.3 I live in Chicago what does that...
Jordan L. Webster
Pre-Converted SF to Duplex buy
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $260,000
Duplex, bought with VA,no repairs needed
How did you finance this deal?
VA Loan
...
Eduardo Sotomayor
Buying a Property Without an Agent
Hello,I was offered an off market deal, that would require a mortgage. I was under the impression that I could use only a Title Company to facilitate this. Does anyone have any experience doing this, and is it true?Ad...
Don Gouge
Making some pocket money
After doing many flips, I realized one day that I was literally throwing money away. Ordinarily we would just gut everything in the house and throw it in the dumpster. It was fast and easy but just increased the du...