Hello BP Nation,
My partner and I recently closed on a hard money loan to acquire additional properties, and are now working on the exit strategy. We have been purchasing properties since 8/13 and now own 23...
I'm working on obtaining a construction loan and I was wondering if anyone knew if these were relatively decent loan terms. $346,000 loan amount. 75% ARV. 3pts to the lender. $3K to escrow/title. $84K cash to clo...
What are the basic component of a good insurance policy? Thanks.
I was curious if most of you avoid older multi family complexes? How much more work is generally needed to get them up to code? Do you see any issues with insurance companies not wanting to insure it unless all wiri...
Hello all,
We are considering purchasing a parcel of raw land here in San Diego County (Mission Valley area for anyone who is familiar with the area) and developing a triplex on the property; however, the neighbor's ...
Hi everyone have a 2 family under attorney review in Bayonne, NJ. During review attorney passed along that a there's a decommissioned underground oil tank, I saw reports/permits from state of that. I asked my attorney...
I believe I can push the rents in my 1 BR units if I put some dollars into them. Currently have window units, no WD connections, no dishwasher, basically not updated. They stay rented due to the high dollar area the...
Hey Bigger Pockets!I've been reading the forums and listening to the podcasts for the last couple months now, so I figured I might as well introduce myself here. I am 21 years old, from Toronto, Canada. My current are...
My house is comparable to the ones in the neighborhood. We all have 2 bedrooms and 2 baths plus 1 car garage (attached).
Should I do away with the garage and turn it into another bedroom/master retreat and then add ...
Hello everyone,I've been reading some of the posts and knowledge being shared on BP for the past couple of weeks. I am thinking of investing in Cleveland and have a decade of renovation management expertise. Looking f...