Mitchell Robert Classen
23 Years Young, First Flip, $36K P-R-O-F-I-T
The last time I made a post I had just closed on my first house. I bought it to flip. The rehab took about 5 months. Once it was listed, it was under contract in 2 days with an over-asking price offer. Rehab Scope: - ...
Alberto Medina
Help for newbie on alternative financing ideas
Hello!My wife and I are wanting to start our career in house flipping/investing (while maintaining our current careers until we get off the ground) We are stuck at the beginning stages and need advice.
We have reache...
Austin Negron
Using a Gift to Pull Off Househack
Learnt some interesting stuff today. For using an on 3&4 unit MF, you cannot use a gift as cash reserves. I believe you need at least 3 months of cash reserves (at least according to 1 lender). BUT! You can use th...
Tim Wasson
One investment property done, what's my next step?
I bought my first investment property a little more than 2 years ago. It's a mixed use building with 2 commercial spaces on the bottom and 3 small apartments on top. I bought the building in very rough shape and have ...
Brandon Maxwell
Architect Turning Developer in Blacksburg, Virginia
Hello everybody. My name is Brandon Maxwell and I am an architect in Blacksburg, Virginia. I have wanted to become an architect literally since I was 5 years old. The built environment and the process by which we alte...
David Duquette
SIMPLE Scope of Work
Ok, I've scoured the internet and BP and found a lot of info on SOW's but they are so overly detailed it's pretty overwhelming. Does anyone know of or have a template for a basic SOW for each area of work needed in a ...
Mark Aiken
First Time Rehab - Need Advice
I'm preparing for my first full rehab on my rental property. I've been looking for a General Contractor and all are booked at least 8 weeks out. I don't want my property to sit vacant longer than it has to. To avoi...
Laura Janosko
Yes you can get started in affordable housing
In the forums, I've seen some confusion about how affordable housing is defined. For some it means anything below market rate and for others it means LIHTC or Section 8. From a lending perspective, affordable housing ...
Kyle Hendrix
First Investment Property: $600/mo Cash Flow!!!
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Youngstown.
Purchase price: $67,500
Cash invested: $21,000
Sale price: $67,500
Purchased this Duplex for $67,500 using...
Michael Talerico
Possible Opportunity to Acquire Mixed-Use Building w/Grant
Hello Everyone-I am in the process of trying to acquire a mixed-use building in my area (that is mostly in disrepair) via a master lease option. To make a long story short, the person who acquires or purchases this bu...