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Is it common place for private lenders to allow for DIY renovations by the borrower? Or do they typically require contractors to do everything like most banks do?
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I'm really excited to be joining the real estate investing realm, I am a current mortgage loan officer but I have had plans to invest for some time now. My first question (of many more to come) would be about DIY work...
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I have an opportunity to JV with a company that has identified properties and will fix/flip. They are looking for investors. I want to make sure I will not get scammed out of my money (has happened before). How can I...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $335,000
Cash invested: $100,000
My first investment property is a single family home that needs some love. I pur...
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Investment Info:
Single-family residence fix & flip investment in Bluffdale.
Purchase price: $165,000
Cash invested: $335,000
Sale price: $740,000
Single Family Spec Home.
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A bit of background, I did my taxes myself for the first time last year. It was the first time I had a salary job and/or sold some stocks, and my dad had previously done them for me while I was looking over his should...
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I'm running to BiggerPockets because no one else understands what I'm doing or how excited I am. I closed on my first home/first house hack last week! It is a 4 bedroom, 2.5 bathrooms single family home. My plan is to...
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I'm a first time homebuyer looking to buy a fixer upper that needs substantial upgrades but does qualify for a conventional mortgage. My main question right now is how to finance those renovations in a way that allows...
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So I am in the beginning phase of my first BRRRR. Purchased for $60k aiming for $180 ARV and trying to keep my rehab to under 60k.My question is how is the building value determined once all is said and done?As I unde...