Christian Wathne
Appraisal happening on BRRRR this coming Monday, boost value
Hi Everyone, I'm getting ready to have my Seattle, WA BRRRR appraised in a few days. (link to old thread here... https://www.biggerpockets.com/forums/223/topics/46...)Its been rented since June and I'm now going for m...
Casey Murray
Rehabbing with Occupied Units
Quick question for BP. What's your approach to rehabbing a multi-family property while the units are occupied? Let's say you just bought a fourplex in need of cosmetic repairs (no structural improvements needed) that'...
Justin Morris
House next door vacant, what should I do?
The house next door to me is vacant, it has been for a while. The woman who lived there moved into a nursing home. I am interested in approaching the owner about selling the house, I am just not sure how to approach t...
Brittany Tucker
Multiple property package deal
So I found a deal that I am interested in wholesaling. It's actually 10 properties owned by one person. 7 of which are fully rehabbed, 3 need 25-30k rehab. Gonna purchase as package, sold to end buyer for cash.
My d...
Carlos Santiago
Question on expense accounting
I'm working a rehab. I have a rehab loan -- so the mortgage is for the house + approx. $24K in rehab money.
For my accounting - how do I account for repairs being paid for? I'm writing the check and getting the r...
Greta Andrews
Why would someone put one property in 2 seperate LLCs
Hello all,I always run number on different properties, so I can understand my area better. I came across something interesting. One house, smack in the middle of 2 lots. Each lot is owned by a separate LLC. Both L...
Jim Kozlowski
Commitment for Title Insurance - what is it?
Just bought a 1600 sq ft 3 bedroom ranch from NationStar/Xome/HomeSearch via online auction. Their title company is providing a 'commitment for title insurance'. Is this ultimately the same as 'title insurance' assu...
Alan L. Weeks
Title Insurance
I'm buying a condo converted in 2007 from a 3 family rehab in the state of MA with cash. Trying to decide if I need title insurance. Anyone have any guidance on what to look for after the title search is completed t...
Sean Youngberg
Determining scope of rehab on first flip. Rebuild original porch?
Hello flippers! I have begun rehab on my first deal. I'm partnered with a contractor and we are having a hard time with a few major decisions on rehab scope about exactly what should be done. He has the instinct to go...
Account Closed
How quickly could one refianance out of Hard Money loan ?
Hey all,I was wondering if anyone had any experience with refinancing a property as fast as possible after closing. In my area cash buyers are dominating and its hard for my offers to compete. I was thinking of doing ...