Alon A.
Hard money for flip & rental
hey guys
i have a question that ill need your help please, i have a deal of 300K purchase , 55K renovation, ARV is 450K, 2 months of remodeling
property tax is $8500 per year, Rent is $2600
Property in Dallas TX
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Sachet Hegde
Need advice on having title on LLC but mortage on individual name.
I am buying a new construction for investment purpose and would like to have the title on my LLC. However, I would be taking an investment property mortgage(Not a commercial mortgage on LLC) with 25% down. Lender is s...
Eric Swope
Home Inspection & Lead Paint/Radon
Hello BP,I am a new investor starting out in the Pittsburgh area and I have an off-market duplex I am getting under contract this month. I would like suggestions on lead paint and radon inspections. The property was b...
Dawn Fu
How to make use of unfinished basement
I checked several multi family listings this week, and found many of them have up fished basement. I was thinking of converting basement to storage. but since I have to renovate the basement anyway, are there any bett...
Account Closed
Private Lending Basics
Good Afternoon fellow BiggerPockets members!I recently received an amazing opportunity to become a private lender in a flip in my neighborhood. I've done some basic underwriting and the deal looks solid. That being sa...
Phil Wrigley
AirBnB Listing feedback and wish list for wish list :)
Hi there,First, I can’t even begin to say how great this community is. I’ve learned so much just by reading hundreds of posts and listening to podcasts - shout out in particular to Bigger Pockets, STR Secrets and STR ...
Account Closed
Undesirable Property Attributes
What are some undesirable property attributes that a new investor might not think about when purchasing a property? For example, being across the street from a school sounds like a plus, but I am told that it is a neg...
Maen Abu Khater
FHA Self Sufficiency Test
BP Community, There is a Multi-family (4-plex) that I am interested in purchasing. Currently all 4 units are 1 BD 1 BATH Units and with the current market rents for 1 BD 1 BATH..... The property doesn't pass the FHA S...
Xavier G.
Special Warranty Deed & Foreclosures, what to look for?
I am looking at a property in Texas that is in Foreclosure from a reverse mortgage company. The previous owner was a hoarder and my research seems to show that he was foreclosed on because of past due taxes (on top of...
Kevin Luttrell
Estimating Capital Expenditures
Hello,
I was wondering if some experienced investors out there could provide some quick tips/advice on estimating CapEx when analyzing potential deals. Obviously this is impossible to perfectly predict and I know it ...