Derek Lee
Tapping into Equity - HELOAN vs Sell
BP Community, thanks in advance for your input. I would like to get your thoughts on the most efficient way to tap into equity.
I purchased a SFH and Duplex back in 2020. Both properties are currently at a 50%~ LTV....
Bryan Hancock
Reasonable GC Fees
If you were participating as a LP in a syndication what would you consider to be a reasonable GC fee for overseeing SFR builds?
Richard Solano
Can't make numbers work in Northern Virginia
Hi everybody! My name is Rick Solano.My wife and I are excited to join the BP community. We live in Northern Virginia and own one rental property outside of Tampa, FL (which we just sort fell into a few years ago). I ...
Kevin Rea
Just bought a 40 year old modular that was left alone for 2 years
I just had an offer accepted for a waterfront property on Lake Michigan near Door County in Wisconsin.I couldn't pass up this place knowing that land on Lake Michigan in this area seem to get bought before most even s...
Buster Brown
Seller sold windmill before closing.
So we’re buying our first flip farmhouse on a few acres. We are buying from homeowner during their redemption period for the payoff. Good buy. We’ve been in contract with Ernest money at title company. The farmhouse i...
Robert Miller
Please Help me with this
Hi I just want to make sure my numbers are correct on this deal before I put down the EM and sign the contracts.I pulled comps myself(I`m not too confident in my ability to determine ARV on my own yet).ARV is around $...
Juan Arango
In my First flip and need some help
I Purchased a foreclosed duplex in central falls, RI For $60k. ARV on the low end is $135k. We Used a HML and With $5000 down he is ballooning all the fees and payments till we sell the property. Rehab costs are aro...
Bill Mitchell
Hard Money - Converting to Conventional Loan
I have never been through the HML process, but it is to my understanding as soon as the property has been properly rehabbed and up to code/inspection you must convert from the high interest HML to a conventional l...
Eric Escobar
ADU comps in Los Angeles
Hello BP community! If you dealt with ADU’s how do you find comps for the property? would have the same ARV as a duplex in the area?
I have two properties that we are building new ADU’s to the SFR’s so really curio...
Peter Silvestry
Buy and Hold in Bridgeport, CT is cash flowing.
Well, there sure are a lot of success stories on here that eclipse mine. I am still happy with my first deal, considering I knew nothing at all about Real Estate when I got into it. I bought this place in Bridgeport...