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okay, so I'll start off by saying that this house wasn't a flip. Long term it is a rental for me but it's currently my primary residence and I lived in it throughout the entire rehab process (that's a whole nother pos...
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Hey All, I've got a duplex where we've got a full height basement that we'd like to add two bedrooms and a bathroom to. The basements (one on each side) do have windows currently, but they wouldn't qualify for egress ...
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In the process of filing for an SBA loan through our local bank. We
have been using a Construction Loan with Interest only payment during
the construction and as we have started the rent up phase. As part
of th...
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I am an interior designer who has had the opportunity to work with a sub contractor on 4 consecutive remodels for various clients. Recently this sub approached me to see if I would be interested in flipping homes with...
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Ugh....I’m really struggling with this! Probably because I’m going about it all wrong, but...I need to get numbers to the bank to determine my project financing. I’ve been interviewing contractors, shopping for materi...
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This is my first rental property purchase and we are fixing the place up. Prior tenant smoked so bad that there’s tobacco stains on the floors and light switches and walls. We got the walls covered and the light switc...
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Hi Everyone!So my partner and I just completed our second flip! (I posted about the first here: https://www.biggerpockets.com/forums/223/topics/617056-very-first-flip-complete )Another single family house in the subur...
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I am in CA home is in NM. House rented 18 mos ago, tenant vacated 6/21/11. My lease is 10 pp, states tenant responsible for ALL repairs on property. Tenant returned to AZ. Home is 2000 sq ft 4/2.
Tenant said I coul...
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Looking for 80% LTV for a fix and flip then rolled into a DSCR or a fix and rent.Deal points:Purchase: $308,000Rehab: $160,000ARV: $499,000We are adding an ADU to the back of the property. We have done this 5 times al...
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We had tenants move in a few months ago.
Yesterday they sent the following picture claiming that that was there since they moved in. (During the last walk through with previous tenants, that was not there at all)....