Hello, Why 65% or 70% of ARV? What is factored in that %, because repairs are factored in after you take 70% from the ARV?So if i offer a seller 70% of ARV and they ask why 70% what do I tell them? "Because its rule o...
I hired a contractor who left his workers unsupervised, they painted the whole house but did a terrible job because the paint didn’t stick. The contractor tells me I should’ve gotten better quality materials and wants...
Well, hello everyone,
Please let me introduce myself, my name is Jeremiah Thomas and the beautiful young woman in my profile picture next to me is my fiancé. I am 25 years old and spend my days working remotely for ...
I’m rehabbing a property that fits nicely in my wheelhouse. The rehab is on a construction loan product and when the appraiser went to the property, he expressed some very serious interest in it. It turns out the appr...
Just curious how many of you choose to finance through commercial loans on small properties (i'm thinking 4plex) that a conventional loan can finance. I talked to a commercial banker recently and he told me everyone c...
Hi! I've been flipping houses with a colleague for the last 2 years. My colleague takes pride on the interior design and renovations that are done to the properties. However, when the house is done the agent takes the...
Hello BP Family,
I have a tenant who is a single woman that ever tired receiving a fixed income. She is currently paying well below market value for her unit , however her payments are on time every month. He's over...
I purchased this duplex back last year, which had both units on long term leases. So to this point, I haven't done much to the property. Now one of the tenants has vacated from the 1000 SqFt, 2bed, 2bath unit. The ...
What would you do to improve the curb appeal of this little brick house? The current tenants are great and I'm not looking to sell anytime soon, but I'd really like to do something to improve the appearance. It's just...
Hello all,My name is Joe, and I'm 26 years old currently working in the metro Detroit area. I have previously never thought of myself as a potential real estate investor, but I love the idea of not having to FEEL like...