Jeff Hornberger
Commercial lending requirements for a 5 unit located in SF zoning
HI BP friends, I need some insight. Im currently about to list a 5 unit apartment building for sale in Spokane WA. The property is an ex adult family home that has been converted 10 times over. It sits on 2 acres and ...
Mike Shaw
STR in Port Saint Joe Florida
The Golf Course Villa is almost ready to make us some money, finally. It’s paid for & we don’t want a heloc because we don’t plan on buying anymore properties. We feel that this property, in this area close to the...
Santhosh Ramani
Regarding 'damaged' properties
Hi BP folks - Seeking options/opinions from the forum here.I am a passive real estate investor & I own a property near Little Rock , AR. This property was almost completely destroyed by the recent tornadoes. I'm w...
Brandon Davis
Joseph E Lowery Teardown VS Rehab
Hello BP,Im starting the rehab property on my first ITP flip. I acquired a property on Joseph E lowery for $55k It is a complete gut job. The estimates for work are around 80k. With comps sitting at around 220K-250k....
Deborah Burian
Brick Work Cost
I need an idea of what it should cost to have a brick chimney repaired. It's currently falling off the house and needs to be re-built, mortared, have a few courses added. Never had it done and feeling clueless. (I d...
Matt Vezina
Insurance issues late in contract
Wish I didn't have to make this thread but I find myself in the position of a lender and insurance broker both telling me the other is wrong so I'm hoping for some third party advice on this. I am far along under cont...
Greg Carroll
Group Efforts? Revitalize a WHOLE TOWN?
Many communities have been devastated by natural disasters. Has anyone ever tried to bring a group of investors together to rebuild a town? One where most of the homes were damaged or destroyed as were businesses. The...
Corey Goldstein
300,000 Foreclosures From harvey
The devastation left behind by Hurricane Harvey could result in 300,000 new mortgage delinquencies, with 160,000 borrowers becoming 90 days or more past due, according to a new forecast from Black Knight Financial Ser...
Kaneisha Forrest
Structure burned down, Rebuild $ vs. Remodel $
We are in the very beginning stages of rebuilding our burned down structure. Yesterday the structural engineer stated there is one sound wall, however there is the option to demo it too. For the pros here, what is t...
Andrew B.
Thought for Charitable Cause - Where to Start
Hey BP,
I'm trying to flush out an idea and looking for some help. Unfortunately there is some tragedy tied to it but trying to find a way to have an outsized impact.
As many of you may have seen, on Aug 5, 2020, th...