I have dealt with many hard money lenders and usually see about 11-12% interest just starting off. That doesn't include the 3 points at closing and additional closing costs, etc.They all seem to be about the same. Won...
Hi all! My wife and I are using the BRRRR method successfully with a pace of 1 house per month give or take for the past year. We used to flip to get money to buy rentals but the BRRRR method serves our company's goa...
We have four properties we have just foreclosed on that need lipstick rehabs. Trying to figure out what to offer the investor that provides the rehab loan. In addition to giving them a 1st lien for extra security, wha...
Sorry if this is the wrong forum section. I was just pre-approved for an FHA loan for my first house hack. I have been in school for the last four years and thought that my high student debt (100k+) and low incom...
I could use some advice on purchasing appliances, replacing or repairing AC unit on a rental property. How much do you typically spend on these items when rehabbing a rental property?
which do you prefer ? class A MF with a slightly lower cap rate or class C MF with a higher cap?
I recently purchased a duplex in Columbus, Ohio, and wanted some advice on the floor plan of this full rehab. Originally the home was a 3-1 with a full bath on the first floor, but the investor I purchased the duplex...
Hi BP, wanted to gather your thoughts on what return you'd require on capital used to finish a basement. We'll be doing the majority of it ourselves, and a conservative estimate is $15k with about 20% margin for 750 ...
I will be using my wife's uncle to handle the "skilled labor" portion of my BRRR project. My concern is: he tends to be a little pricy in his quotes, however, the work he performs is top-notch, and he's always bring...
I realized that my property management contract states that I'm paid 20% of gross revenue, but in fact, I pay the cleaners their fee first (I mark it up a little on my OTA to factor for platform fees) and then I take ...