Sam Sand
Primary Residence - Rehab loan - 203k
Morning BP,
I need to find a primary residence. I want to find a fixer upper. I originally thought I would find a, owner occupied conventional loan for purchase then hard money for the construction then refinance onc...
Ryan K.
Buy a negative cash flow?
There is a small (625 sf) office space offered for sale for super cheap ($25k). So cheap, I could pay cash! I spoke with the Realtor and found the reasons:
1) interior office, no windows, not desireable
...
Bryce Henson
Tax Strategy - W2 Employee, Part Time Real Estate Investor
Hello all!What tax strategies can I utilize this year? I am a full-time W2 employee and part-time real estate investor in California. I invest locally and out of state in fix-and-flip and buy-and-hold properties. This...
Stewart McMillan
Another Chicago Horror Story - 72 Hour Rule
So I made a huge mistake with my ComEd bill and the power was shut off on my tenants.I tried my best to restore power after the tenants notified me on a Friday morning, but it was an exceptionally busy and important w...
Mariel DeVito
Rent to Own Lease Option with no intent to occupy
Hi everyone - I was able to secure a seller financed deal. Because I'm waiting for funds from another deal, there is a bit of a delay in closing but the seller (another investor) is open to allowing me to do some reh...
Andrae Warren
Rehab Costs Budget question
Good afternoon,I am in the process of purchasing a home which requires a rehab/repair budget. The lender will be doing a holdback of the budgeted amount, and I am curious as to how this process will work in terms of ...
David Travieso
Tenants need to Vacate for a few day while maintenance is being done.
Good day BP family, Unfortunately, excess moisture needs to be dried out in the kitchen ceiling which is also the bathroom floor (great!). So the the only bathroom is going to be out of order, possibly for about 3 day...
Courtney Murphy
Tell me about auctions
Hello BP Community,I am curious how people estimate rehab costs on an auctioned house that you aren't able to see ahead of time.Is there a formula? Exit strategy is rent or flip depending on what the market is doing w...
Terrance Clark
Hard money questions
When dealing with a hard money lender can some one break down the order of operations. I would like to know how the home inspections work as well as renovation quotes?
I'm am located in North Carolina purchase price ...
Nicholas K.
Need Help Understanding Hard Money Loans. Thank You!
I am new to the BRRR process and I am trying to wrap my head around how hard money loans work. My questions are; Does the money pay for the property and the rehab costs? Do I put a down payment down? And if so, doe...