James H.
Hard Money Details
I have found a HML that will lend up to 70% ARV at 12 percent. The closing costs are 3000 (which includes one point at closing) and there are 2 points due at payoff. Draws for rehab require inspection at a cost of 125...
Karin Crompton
Typical Hard Money Fees (by category, not amount)
I'm looking for some info on what's considered typical vs what fees would be indicative of a bad lender - not the dollar amounts, just the categories, though if there are standard $$ ranges to be aware of, please say ...
Michael Jobe
Year one as a Realtor
Hello BP community! First off, I want thank each and every one of you especially @JoshuaDorkin and @BrandonTurner because without you guys we would be missing the wealth of information that this community provides....
Hector Ayala
Advise on contractor's quote
Hello everyone, we are currently in the process of buying our first home that needs work, we are going with a 203k loan to fix it and have some equity after all is done.We have received our first quote and we want to ...
Richie Thomas
Hazel Green- too far for commuters?
Hey y'all, I'm an out-of-state investor working with a realtor on my first investment property. I had initially sent her several listings in Madison proper, but apparently all 3 were already under contract. She ment...
Randal McLeaird
How-to refinish a tub? How Much?
We're almost done with our rehab on one of our houses and we decided to keep the existing tubs because the area doesn't warrant a complete redo of the baths.
The tubs are a little dark from years of use and we want t...
Ben Leybovich
Is Turn Key a Good Idea?
If I could have a dollar for every time this question was asked...
To be frank, I had always answered - No. However, upon closer examination the answer is - it depends. Depends on where, how, and with whom...
Matt Blutowski
Rough estimates wanted
I need some advice estimating rehab cost!
I'm buying a duplex in an area that has appreciated quickly over the past 5 years. I had initially anticipated making repairs to the house then holding it as a rental, but am...
Kenton C.
If tenant is not re-signing lease, when do you start showing?
Hi All,My first tenant in my first ever rental is nearing the end of their 1st year lease. I currently have a PM in place, and their procedures are to ask the tenant 30 days prior to end of lease if they would like to...
Jon Khalil
My First BRRRR Deal in San Diego, CA!
Investment Info:
Condo other investment.
Purchase price: $490,000
Cash invested: $6,400
A 3 Bed, 2.5 Bath 1400+ Sq.Ft. Condo located 3 minutes away from SDSU. This property was purchased using 0% dow...