I'm a bit ignorant when it comes to closing costs. I've made a 100% cash offer on a home and I'm not sure how to proceed.1. What items are there?2. Where/Who can I obtain what is required?3. Can I pick the company for...
I have a quick question about capitalizing the rehab costs for a new rental.
-- The property is probably not currently habitable and is likely not ready to put into service (bathroom not functional, among other issue...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $395,000
Cash invested: $100,000
Traditional buy and hold that was purchased off market. Currently working o...
Hey everyone, I am hoping to get some advice. I just found a property that I think could be a good deal. They are asking $176 and the comps are around $280. The repairs needed include foundation repair (interior) and ...
Do you stage your houses?Do you stage for the listing pictures only? or for an actual open house?If so, what is the cost in your area?I wanted to share a link to virtual staging. I am in no way attached, compensated o...
Hey BP,I'm new to REI and just joined in early Dec. It's amazing the wealth of knowledge contained within these forums! Here's my situation:I just closed on my first investment property in San Diego two weeks ago and ...
Hello,Just wanted to get a discussion going on Hard Money Lenders. How can everyone afford them? There are great deals that pop up when it is only cash involved. However, once I calculate in hard money lender fees, po...
Hey BP!I was curious to know what are some of the strategies and struggles that you use and face when it comes to financing your properties? Whether it's hard money, private money or the traditional lending route; wha...
Can anyone provide advice for how to secure homeowners on a rehab property? This will be my first property that is distressed like this. It needs a roof, electrical, and a few other small items and I don't think my tr...
Newbie question about finding a BRRRR property and managing risk. Based on all of my reading here on BP, it seems that everyone who posts about a successful BRRRR found it through direct marketing or wholesalers due t...