Justin Knighten
Proper turnaround time for repairs
What is the proper amount of time to get a repair accomplished in a rental. I had a tenant let me know yesterday about a broken dryer, I'm leaving for vacation on Saturday and today was my only chance to work on the...
Adam Brammer
Properties too large for Residential Loans
Hello, I am currently shopping around for multi-family properties and have been able to find quite a few that have great cashflow. However, when I approach the banks with the properties (typically 6+ units), I am unab...
Christopher Rucks
Long distance investing - coordinating inspection and GC walkthrough
Hi Bigger Pockets!New investor, working on my first property. I'm investing long distance and wondered what's normal in terms of coordinating the inspection and GC walkthrough from a distance. I'm assuming my agent is...
Andrew Galeano
Private money question
Hey everyone,So im currently thinking of putting a single family property under contract. Here are the numbersPurchase Price: $155,000Rehab: $70,000Arv: 325,000I recently House hacked my first property in New Jersey. ...
Mushfiq S.
Financing property with mortgage less than $50k
I have my eyes on a property that is priced at $55,000 wholesale. My lender will not lend on properties with a loan amoun less than $50,000.
This property would be a good investment. My plan was to purchase with cas...
Jason Merchey
Conventional Loans for Short Term Use?
Do people use conventional, 30 year loans for fix and flips? I have some cash, and a loan pre-approval from a bank. Not sure what 2014 will hold for me, but I was thinking that perhaps instead of using cash to do ...
Dario Cruz
Had anyone ever dealt with a “rogue trustee”?
Good morning BP,I’ve been driving for dollars and contacted an owner of a house that looked vacant. Initially they were upset with my call but after some talking they opened up about their situation. The owner mention...
H. Jack Miller
Fix and Flip - Running short on the Capital- Taking a Survey
A lot of Fix and Flip deals run short of the capital and this leaves the deal in trouble and usually investors are unable to complete the property. Is there a market for a JV partner/ Second mortgage for investors to ...
Jerry Niesman
My 1st personal flip
Investment Info:
Single-family residence fix & flip investment in Lehigh Acres.
Purchase price: $85,000
Cash invested: $4,200
Sale price: $125,000
Home is in low income area nearly all buyers...
Danielle Davenport
Lack of Insurance is killing my Sales! In California ...
Lack of Insurance is killing my Sales.
Buying a new home in CA? Start with Insurability.
If it’s hard to insure, you will need the FAIR Plan and that could take 8 weeks to secure a Binder.
We are seeing 3-4 weeks...