Fredrick Hock
Repairs - How do you NOT go over budget??
When you buy a property that needs some work, how do you protect yourself from going over your rehab budget (or from the contractor exceeding his estimated cost)? Do you include specific language in the repair contra...
Nathan Lenahan
First Flip in Arlington, TX
Curious on your thoughts here:
I have a 3/2 in Arlington, TX at the end of a cul de sac and up on a hill. It has two large retaining walls - one in the front and one in the back that are deteriorating and should pro...
Suhaib Rehman
Short Term rental and Use as second home in Florida
Good day everyone, I am interested in purchasing either a condo or a townhouse for short-term rental. I am also open to a longer rental as long as I could use this place for 1-2 months as a second home (summer or wint...
Kyle Spearin
Hidden Costs
What are some of the hidden costs associated with buying and flipping houses?
Justin Woodworth
Dillemma, Renovate or Keep Tenant
Dear BP'ers I recently am closing on a duplex (end of July) and the side that was previously owner occupied is in decent condition. I plan on just adding new hardware to the cabinets and tearing up the carpet to put v...
Frank Granata
Flipping Houses in Pittsburgh, PA
I work in the mortgage business and I've seen what it takes to get a mortgage done. I want to learn how much work goes into flipping a house. From finding the deal, building a budget, securing the financing (if it's n...
Tyriek Hull
First hard money loan
Hello so I just closed on my first property and thought I was educated with how hard money lenders works but seems I may have misunderstood. So I have a fully funded construction budget of 58k. But it sounds like I ha...
Ray Hayward
Negotiating Equity shares with GC
Hello,I am seeking feedback and advice on how to fairly negotiate equity with a GC for a specific project. My role is the Developer. My goal is to:1) Make an equity offer to GC based on Fair Market Value of property2...
Trevor Grogitsky
Which type of loan should I get?
Looking into buying my first house, it's listed at 40,000 with an estimated value of 96,000. I don't know if a conventional loan, an FHA, or some other loan option might be best for me here, I have even debating askin...
Matt Vollmer
New Investor Looking for Insight on Condo Investing
Hi Everyone,I'm new to the BP community. I've been studying up on MFRE and SFR investing, analyzing deals I'm finding, and just want to get some feedback on a couple of items. There is a group of 6 condos for sale. ...