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Question about financing a rehab. If I (through an LLC) purchase a property cash, can I then take a loan out on the property (or a HELOC?) to complete the rehab and then refinance that rehab loan? If so, is that re...
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Real Estate Investing, in reality, is not as easy as it looks in movies and reality shows. There are cost overruns due to many unforeseen issues that comes with renovating a property. Making already slim margins to st...
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What are some recommendations for getting smart on managing rehabs, working with contractors, and understanding how to estimate costs on a fixer upper? Also for a first time buyer, is it worth the time trying to estab...
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Hello all!I wanted to get some different opinions on how I can go about to fund a rehab.Context:My parents were generous enough to sell me their house with a large amount of equity. We recently closed on the property ...
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Hello all!
I wanted to get some different opinions on how I can go about to fund a rehab.
Context:
My parents were generous enough to sell me their house with a large amount of equity. We recently closed on the pro...
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Hey All,I recently found out that I am potentially set to inherit what would be an abandoned house in the Edgewood area of Dayton. I say potentially as it is a long story with a bit of drama, but basically it was my g...
I have thought several times over recent years how it would be nice to be able to pick up some property cheap, fix it up, and rent it out for a steady stream of income. I'm sure no one else has had this thought. ;) I ...
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Investment Info:
Condo buy & hold investment in Orlando.
Purchase price: $37,500
Cash invested: $17,000
A Spacious 1BR/1BA we purchased just after we got married. My wife was renting it for about...
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Hello BP community. How do you estimate rehab costs of a cosmetic fixer-upper without seeing the property in person? Is there a rule of thumb? Thanks.
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Investment Info:
Large multi-family (5+ units) fix & flip investment.
Purchase price: $25,000
Cash invested: $300,000
Sale price: $715,000
We acquired several abandoned and functionally obsol...