Hey BP Community,I'm one year until my first house hack in Seattle. Overall it's gone beautifully (save the unexpected repairs of every sort.) Looking to start a family in a year though, and can't have a baby and live...
Hi! I'm doing the analysis for my first apartment complex - fingers crossed! Curious what can be used for reserves - I know for SFR's the banks have accepted 401k funds. Could free-and-clear property count as reserves...
Just got a call from my lender that my Cash Out refinance approved.....I would like to take this opportunity to Thank BP Community for valuable support and information... Would like to share some info which might be u...
HELLO EVERYONE! I have been given the vision of providing housing for the needy. I have been identifying houses that could work with the BRRRR method (or close to it) and I plan on getting 10X traditional rental price...
If you have experience with buying foreclosures at auctions,what would you say are some important tips? Do you advise buying your first multi-family home this way? Were you able to obtain financing from a lender ahead...
Hello everyone, I have the option to borrow $35,000 from a friend as a loan. Lawyers would write everything up so it’s legal. He’s only charging me 2% on the entire loan for a 7 year period. I plan on taking that mone...
We had a tenant of 5 years just move out. I have a question about I can charge my former tenants for and would like your opinions. 1. Older windows in the home. Several storm windows broken. Several screens are ri...
We get asked this question a lot. Here are some things to consider. Define Your Budget: Determine your overall budget for the project. Consider factors such as the scope of work, materials, labor, permits, and contin...
I was hoping to get some professional opinions and expertise. I have 2 quotes for renovation work on a house. One quote has the items listed, shows the price of each item as $0 and then has a final total. I have no...
Investment Info:
Small multi-family (2-4 units) fix & flip investment.
Purchase price: $60,000
Cash invested: $80,000
Sale price: $185,000
Full gut top to bottom. Mold. Water damage. Floors.....