Hi BP friends, looking for transactional and short term funding in South Carolina. Have several properties that we need some funding help with. Also two homes (in Lexington and in Irmo) that we need to have moved to a...
Hi everyone - first time poster hereI am looking at a mobile home park that had been listed through a realtor for several months with no bite. To me it looks like a cash flowing cow, but would love to hear what things...
Hi everyone, I am having a hard time estimating the ARV. I used zillow to look at previously sold houses with the same characteristics in the same zip code. I am getting numbers like below, which are all over the plac...
Hi there!I am interested in investing in a fixer upper but am not knowledgeable about how to estimate costs. Can someone help me round out how much a full gut rehab would cost and then build a 4bd 3ba unit on each of ...
Ok, so it's about time that I get ready to construct my first deal. My only concern is, once I find a place how do I estimate rehab cost? I have worked with my father when I was younger so I have a basic understanding...
Hi,After the home inspection is complete, I want to get a few contractor quotes for negotiation with the seller. How do I get contractor quotes, do I just email them the inspection report, or do I have to pay the cont...
Hi Everyone, I am a brand new 25 year old investor and I just purchased my first property on last Monday to flip. We began working on last Friday. Although I am extremely excited I am also extremely nervous. I've use...
Good morning BP, i wanted to know if anyone has used a fha 203k loan to flip a property. If so what was your experience like? How fast was the bank paying out for work needed? Any stories would be nice. thank you
Hi BP,I am about to acquire my first project and needed to figure out my exit strategy. I am currently at Buy.Purchase price: $120,000Rehab: $95,000ARV: $280,000For the Rehab portion of BRRRR, I have received bids fro...
Good Afternoon BP,
I am currently working on getting a feel for underwriting and I am crunching numbers on multiple properties. The wife and I closed out or real estate and we are look to re-invest in the first to mi...