Hey all,We received an offer on a property today in which the buyer is using a USDA loan, a product I'm not very familiar with (but will learn). To cut to the chase, is USDA similar to a VA loan in that the buyer is e...
Hello,one of my renovation would benefit from a new kitchen layout. The issue is due to the floorplan, I am having issues having an idea on how to reorganize the kitchen.Does anyone know or recommend an interior renov...
Let’s say I had a portfolio line of credit worth $100k and I were to use that to invest with the brrrr strategy. Would it be better to 1.) Purchase 1 property in full & renovate then payback line of credit with ca...
Good morning all,
I’m looking for advice on finding a full renovation of a multi-family. The property needs gut renovating - essentially back to exterior walls, then new everything within.
My original plan was to ...
I just finished a successful BRRRR and refinanced the property at 65% of the appraisal. I have done this on a chunk of my properties and some are financed even lower than 65%. My bank would allow me to refinance up to...
Hey everyone, how do you determine how much money you put into renovation when you're doing a house hack? Is it worth it to only renovate one side of a duplex and then try to sell? Or is it a better idea to renovate b...
I am about to do a deal with a partner for the first time. We are under contract on a house to renovate and rent. We are wanting to keep everything written down on what we did or how much we spent on different things....
I recently purchased 3 acres inside the city limits of a smaller town just outside Charlotte, NC. I cannot build houses on it until the sewer is expanded since the land failed the septic testing (projected in 2026). ...
Hey BP community. I am trying to obtain a buy and hold multi-family unit in Philadelphia. This is my plan; I plan to receive a gift from my parent which I hope to use as a down payment for the property. Assuming all r...
I'm looking to buy my 2nd rental property, but have some financial questions.1. I own my own home and can take about $13,500 for a HELOC to use as a down payment. Q - If I do this, and then try to get a bank mortgage ...