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Hi, my wife and I have been looking at several properties in the Las Vegas Valley. We are constantly trying to find ways to streamline our process so we ca quickly decide if we are going to submit a bid or just move o...
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I am pricing out insurance companies right now and I’m swimming in coverage line items. Besides loss and liability, what other coverage do you recommend (property is in Ohio)?Also the level of coverage... the first qu...
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Hi BP Community! Total newbie here - so bear with me if this question is obvious to others! My husband and I considering putting in an offer on a small 1-bedroom 1 bathroom condo in St. Petersburg, FL. Using the Dea...
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Fannie Mae Homestyle Renovation Loan vs. FHA 203(k)
The FHA 203(k) is the most widely known renovation loan, but did you know about the Fannie Mae Homestyle Loan?
Here's how they break down:
Fannie Mae Homestyle
M...
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Property is in Escondido, CA.I have purchased directly from the owner twice prior without getting a supplemental increase to the accessed value for property tax purposes. My off market purchase that closed New Years ...
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We are rehabbing a 25K 3 story building and looking to attract a restaurant go to into the first level. The city is a major help because they were the ones who came to me when I bought the building and they are offeri...
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I am seeing a lot of Mobile Home topics lately and some wonderfully knowledgeable individuals have posted some great topics. With that in mind, I would like to build a list of items that the majority of MH invest...
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Looking at P&Ls I see a lot of stuff that is placed in capital expenses that seems like it should be in maintenance, ie above the NOI line--but I don't know completely what the industry standards are.There are thi...
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Good morning Guys!We’ve started our journey in REI with my partner and are actively looking to get our first deal (SFR - 3 bed 1 bath).We look at a ton of deals on the MLS everyday and pre-select properties that we wa...
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I am in the process of working out some offers for multiple properties that will come with owner/seller finance.I have never done a deal with seller financing before and I was hoping to get some advice from others who...