Evan O'Brien
Determining Equity in property: Post Rehab
After you purchase a property, put a down payment down (say 20%) and increase the equity that you have in the property by completing a rehab how do you determine how much equity you have in the property? Will the amou...
Sagar Naik
Online sources for potential multiunit property
hello BP community,I was wondering if any of you out there know of any resources or websites to find multiunit properties (primarily in New Jersey). I've tried loopnet.com as well as trulia/realtor/Zillow but these a...
Tai DeSa
Flipped this bank-owned house with none of my own money
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $70,000
Cash invested: $1
Sale price: $84,000
I saw this bank-owned house listed on the MLS for $59,900. I kne...
Joo Park
How much will bank let me borrow?
My rental property is a main home (3 bed 2 bath) and an adu (studio of 353 sq. feet). Combined rent collected is $5300. I'm wondering how much I can borrow from bank on this rental property? I believe this home is ...
Matt Giegerich
Have First LO , it;s been a few years .. Need Help
Alright so I am one of those that just jumps in when I want to do it. I haven't done a deal in a while, I made an offer on one it sold but then I called a fsbo and spoke to son - it was his parents house, now vacant b...
Anne Laurenzi
Get a bank mortgage or finance through seller?
I am about to buy a house for $64K (northwest FL) to use as a rental. Long story short, the owner died and her sister wants to get rid of the house. It's in good shape and will easily rent for 800-900. I was going to ...
Sara Bradford
Separate Utilities for Apts - On demand water heaters?
Hi All, I am flipping a bungalow into a purpose-built two apartment home. To allow for easy separation of utility costs, I'm installing dual HVAC systems, dual hydro panels, and pony meters on the water meter. This ...
Summer Cherry
Challenging My Low Appraisal
My appraisal for my cash-out refi came in $18k lower than I had expected. What resources could I use as evidence to prove the appraiser's valuations were inaccurate when it comes to added value (eg: extra parking spac...
Travis D.
Cash Flow Expectations
Good Afternoon BP! I'm a wholesaler for the most part but preparing to build assets via Apartment building acquisitions. I know the apartment building/multi unit complex arena has gotten more competitive recently, b...
Kate Yabar
Making an Offer on Distressed Property Next Door?
Hi, All!
I've been analyzing properties for a few months and saving up for a down payment. I have yet to put an offer on anything because it's currently a seller's market, so inventory is way low, and prices are high...