I purchased my first property to rehab about a month ago. Right before the new year. It was an REO that was 39k. I think the bank wanted to get it off their balance sheet before the new year because they wanted a c...
Is it common for contractors to refuse to provide itimized bids?
I’m just learning and taking information. Has anyone bought a duplex and used the FHA 203K to fund the investment also lived in the investment?
Hello Everyone! New investor here! Looking at properties online and have no idea how to estimate rehab costs. I’d like to have a general idea of how much rehab will costs before dragging a contractor to every property...
I'm trying to buy a duplex and the seller is giving me a credit at close to replace the siding of the building. The lender is stating the repairs need to be completed prior to close but the seller does not want to do...
Relevant and important points to focus in that'll win me a bank loan for commercial real estate.
Hello BP,
After investing in residential for years, I really like the looks of commercial investing. I found some interesting properties that have tenants and cash flow. I contacted one of the agents who said the I n...
Hey guys, Literally just joined a minute ago. I'm a pretty young guy at 25. Student loans, entry level job, and a family to support (which I am not at all mad about at all!) are a few things that hold me back as well ...
Hello.I know to received a down payment gift for an FHA loan, it has to be from: Your relativeYour employer or labor unionA close friend with a "clearly defined and documented interest in the borrower"A charitable org...
Hey BP. I'm a newbie with an amazing BRRR deal that I posted for feedback in the calculator. I found the house and my realtor/contractor negotiated a land contract with the seller that we are ready to sign. We would...