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Question for those who have had pre-rehab appraisals done for financing a combined purchase/rehab loan. I know they're going to be estimating the ARV for once repairs have been done, but what would you supply the appr...
I’m looking to invest in the Twin Cities (MN). Specifically SF, Duplex, or Triplex. I’m curious to get the opinions and advice of others who currently own investment real estate in this area or looking to pursue this ...
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Hi BP Family,I am making an offer on my first multifamily building ever, so I want to know what doc's to request when making an offer.It is a 8 unit building with around a 9% cap rate. There are two store fronts and 6...
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Any recommendations on where to get used appliances for a renovated unit? I found some. Used appliance stores that charge me $450 for a fridge and $350 for a glass top. That’s pretty close to new no name brands at Hom...
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I purchased a 3/2/2, 1366 sqft rental home built in 1986 (roof 8-10 years, no pool, smoke alarm, etc) in May 2023. At the time, I was able to work with an insurance agent to get a specialized policy for vacant homes (...
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Hi,I have a question regarding a seller who is currently in chapter 13 repayment plan. Their plan last payment is scheduled for Nov 2024. The question is, if they decide to sell, how will that work with their chapter ...
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I realize that there are many more important aspects of completing due dilligence(referrals, background check, etc.) but how much weight does the appearance of the actual estimate they hand you carry in choosing a con...
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Good Morning BP!I'm at a bit of a cross road, and thought I would seek out some sage advice from the more seasoned individuals here on BP.Goal: Trying to increase my credit scoreCurrent stats: (score 709 according to ...
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This is more of a reflecting post thinking about what are the data points that fix and flippers look for to pass or pursue a deal.I wanted to provide clear, concise data to help our users make swift investment decisio...
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Hey BP,So I am reading What Every Real Estate Investor Needs to Know About Cash Flow by Frank Gallinelli, great book so far. However, I'm really getting hung up on the concept of Discount Rate. In the book he uses 10%...