Kimberly Gomez
Home Renovation Loan
Hi BP Community,I'm a newbie investor looking to house hack my first property (duplex). I am also trying to find a rehab loan. The lender I spoke to said they are really hard to come by these days. I'm wondering how t...
Mackenzie Grate
Duplex Gut Renovation
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Rosendale.
Purchase price: $205,000
Cash invested: $150,000
This is a full gut reno purchased off market. The renovation h...
Mackenzie Grate
Duplex Gut Renovation
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $205,000
Cash invested: $150,000
This is a full gut reno purchased off market. The renovation has been slow,...
Melanie Walker
Older homes renovation
For those of you that BRRR older homes (say built around 1900 or earlier )...what do you do about the plumbing and electricity? Do you update everything at a huge cost? Or just hope it lasts another 30+ years?!
Randall Brooks
Massive duplex renovation
Hi all,
I made an introduction post 3 years ago about a duplex I purchased and planned on renovating. Well.... I finally finished haha. What a wild 3 years. I purchased this duplex in 2019 and began working in May of...
Aaron Barfield
Renovating Investment Property
Good day, I am new on this platform. Is there a recommended lender that can provide a bridge loan, not based on credit or income, so I can finish renovating my triplex? I will repay the loan when I refinance with my c...
Mariah Pierce
Renovation Contract Obligations
When renovating with a 203K loan, are contractors obligated to get the allotted amount for line items? We had a line item that was completed for a third of the amount estimated but he is saying he should get all that ...
Cian R.
Financing a Renovation
I’m looking for creative, low cost, ways to finance a renovation. Fortunately I purchased my four-family property all cash, but now I’ve very little left over for the renovation. I was considering the below strategy a...
Alex Dichter
Renovations and Tenants
Hello,I have a duplex with two tenants in one unit on the second floor. There is only one entry to the upstairs unit and I would like to replace their stairway and porch. I'm looking for some guidance on how to go abo...
Casandra Espenschied
Renovation Loan Options
Hi BP Friends,My question is, what are our renovation loan options? What has worked for you? A little background: My husband and I are looking for our first house-hack on the island of Oahu. The market moves quick her...