Greetings All,I am an aspiring real estate developer. I am job shadowing a local developer who estimates costs in his head based on years of experience. But I don't have the experience to do this. I was given acces...
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Hi All,
Thanks for reading this. -First let me just say that this would be my very first deal ever and I would like to hold this property and also occupy one of it's units. Also know, the location is in close proximi...
Hello Everyone, I just bought my first 2-flat in Chicago. However, I have a large unfinished basement I would like to convert to a 3rd unit. I am trying to get an estimated idea of the cost of this project. If anyone ...
Hello, I am considering purchasing a property with a rehab bridge loan and then refinancing with a DSCR loan. However, I am having trouble finding a place to get a good ARV for this DSCR loan. I would think that I hav...
I will have about $13,000-$15,000 for a down payment on a property of my choosing. I'm concerned. If I use the full amount for down payment on a decent property that needs minimal work I am left not having funds for c...
Hi all, Myself and two buddies have a mobile home that was given to us that we would like to rehab and sell. This mobile home seems to need a lot of repairs. Was wondering if there are any tips or tricks to flipping m...
I am a new member to BP and have not done any real estate investment deals. I have experience financing them at the Bank I work at, but that is it. So I was visiting with a real estate investor acquaintance over lun...
Hi BP community,
I am an out of state investor doing a BRRRR in Cleveland OH. I've purchased a property back in July and hired a contractor to rehab the unit. I've paid the contractor $12,900 for 50% down payment of ...
Hi everyone, I just closed on my first investment property this past Monday. I'm strongly considering managing the project myself. I received a very high bid from my contractor and that's why I'm debating running the ...