The fix-and-flip, or rehab, market is one of the most popular places for the freshman real estate investor to start—it comes with the lowest barrier to entry. Shows like HGTV’s Flip or Flop and Fixer Upper make it all...
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I'm currently house hacking with a mid term rental strategy and considering renting out two rooms in my property to a single tenant. The property is a 3 bedroom, 2.5 bathroom townhouse. My girlfriend and I occupy one ...
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Has anyone else had experience with a Hard Money Lender charging fees for every draw you take during a rehab?My partner and I are working with a different lender on our second flip. We met them at a local meetup and t...
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I'm looking to house hack and I've found a triplex that I'm interested in but there's one problem: landlord-paid utilities. This includes electric, gas, sewer, trash, and water.I've done some research on this the past...
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I am reading topics in this forum and everyone agrees that there was too much of an price appreciation in Austin market in the last 10 years or so. Do you think it is too late to get in?I was particularly interested i...
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Hey everyone, I am analyzing a deal right now for a 26 unit apartment complex. I know on larger properties (50+ units) it is common to have an onsite property manager and the fees are between 4-6% plus payroll costs f...
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Hi everyone,
I'm new to this. I'm helping my father expand his RE portfolio. He's obviously more experienced since he already owns one CRE property.
I have some questions.
He wants to stick to Bank Financing over ...
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Got a question for the commercial RE BPers in here. I've got a potential opportunity to evaluate an off market deal to purchase a commercial retail property that has a restaurant tenant (focus on regional/national cr...
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Hello,
Looking at a 2 flat deal right now in Chicago. Seller has both units rented out for $950mth and there is an illegal basement unit that rents for $550 mth. There is about $100k left on the mortgage an...
Hello BP community! My wife and I want to acquire a multifamily property either a duplex, triplex or fourplex. We are considering finance it through an FHA Loan but we are open to any suggestions. Any recommendations ...