Michael Galvis
Estimated rehab costs per sq/ft in philly
For any flippers/rehabbers that do deals in the philly market, what would you say are some estimated rehab costs per sq/ft? Just trying to get other professionals opinions to compare to my own that I’ve gathered. For ...
Caleb Scott
Bad Contractor and my rookie mistake! Need advice
Hey guys, so here is my situation. Here in San Antonio i purchased a flip as a bank owned foreclosure. I am using a general contractor because this only my 2nd flip and i'm not comfortable taking on the full project ...
Vinny Gaines
Prospecting subcontractors
Hello,I'm looking for one or 2 subcontractors that can handle my future rehab projects. What questions should I be asking them? How can I screen them? I'm trying to answer these questions so that I have some sort of f...
Chris Harjes
Asheville, NC area contractor caveats
Howdy y'all! Doing it yourself is seeming like a better idea at the moment, with two unusually bad results from local contractors in the past few months. I've also had quite a few good ones, and am happy to share thei...
Ryan Coovert
Lumber Price Dropping?
According to this Wall Street Journal article, lumber prices are finally dropping. Is this the beginning of a crash or are we going back to ”normal”? I would like to here your opinions. https://www.wsj.com/articles/lu...
Michael J.
Rehab Business Planning For the Future!
Hello,I have a few questions related to building a rehab business and there are a few areas I am unsure of what to expect. In order to better plan out goals for myself in the future I was hoping some of you that do a ...
Shana Miller
Getting Repair Estimates
Hello, I am a licensed real estate agent, I am fairly new to the business and I am trying to get into the investor side of things. The problem that I am coming across the most is advising repair estimates. I am not a ...
Benjamin Cowles
Collect interest on the "front" or "back" end with creative terms
Is it as simple as as the borrower (obviously) you'd negotiate for interest later and as the note/mortgage holder the converse, interest first? Or is there more to these types of terms?
Manuel Savorelli
Is it possible to raise the down payment from private lender
And borrow the rest from conventional bank? I was considering raising 20-25% from PML and getting the balance from a conventional bank. Is this one of those cases when I won't get approved due to lack of "skin in th...
Paul Jamgotch
Steps for PML / Investor Structure?
Hi All,I had someone PM me and ask for steps to setting up an investor/PML scenario between him and a family member. I decided to put my response up here in case there was some value for someone else. Remember, PMLs ...