Hello Everyone!I have an opportunity to purchase a fully occupied four-plex near me from a long time-acquaintance/friend. He is winding down his real estate portfolio (he's in his 70's now) and is willing to seller f...
Hello, I’m going through all the steps and making a list of everything I need to do to buy land and build a duplex to 4 plex my self. The only thing I legally have to sub out is the foundation and plumbing(I’m a Elect...
Ok. Here it goes. I have a connection to a potential investor who may be willing to completely fund a flip (all cash) for me. The investor, however, has no background in real estate and is completely clueless about...
Is it common for contractors to refuse to provide itimized bids?
Hello fellow BP's just wanted to ask for some advice. I am seeking to connect with knowledgeable mortgage broker that originates loans in OH. Specifically, conforming and non- conforming loan products that offer alter...
Hello BP!I am currently building out my funnel of leads for multifamily properties in my market. I understand the basics of underwriting, but I am curious how you screen deals and narrow down leads to a subset of prop...
I used a few different companies to do rehab work. I have used them in the past, know their work. One is also a GC, the other not. Both do great work and are reliable. A Realtor told me I should use an independent GC ...
Hi BP community,So my friend is building an ADU in their backyard in the Los Angeles (specifically Westlake Village / Moorpark area). A couple of questions came up.1) What is a typical payment structure that is fair t...
Hello BP Flippers & Rehabbers...I'm thinking about implementing the rehab/flip strategy. I have 2 questions for folks who've completed 3 to 5 flips/rehabs.1. What are the 3 things look for when selecting a contra...
Hi. My HELOC is currently in underwriting and the Underwriter is asking for a letter of explanation for an investment property that was foreclosed 7 years ago. How should I explain it?