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Sorry this is a repost.We bid a renovation project to 3 GCs. I have only received 1 response so far. But the GC accidentally sent me a breakdown of his subs cost associated with the project with his mark up 45% pl...
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I'm currently trying to figure out a max budget for a BRRRR project. This would be my first property. I have partnered with my mom on this project, and she has given me access to a 600k line of credit at 2.5% interest...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $130,000
Cash invested: $33,000
Sale price: $225,000
Contributors:
Peter Vekselman
We acquired ...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $50,000
Cash invested: $35,000
Sale price: $121,000
Contributors:
Peter Vekselman
Partner Drive...
If you’re holding out for the “perfect” deal, you’ll always be on the sidelines. Today’s guests weren’t afraid to take on a challenge with their first rental property, and it paid HUGE dividends. Not even an expensive...
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Howdy BP!
My name is Travis Lucy, and I’m an architect / husband / father from Austin, Texas.
I run a small firm that takes on a broad range of project types, mostly in Central Texas.
Full disclosure: I joined...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $250,000
Cash invested: $20,000
Sale price: $350,000
Contributors:
Peter Vekselman
Partner Driv...
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Hello Everyone,
Last year, I purchased a property using a DSCR loan for a medium renovation. The existing home was 1,000 sqft. But we've decided it would be best to add a second level and build a new home. The home i...
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Investment Info:
Single-family residence fix & flip investment in Concord.
Purchase price: $116,000
Cash invested: $95,000
Sale price: $299,990
This was one of the toughest projects I've done...
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Investment Info:
Small multi-family (2-4 units) other investment.
Purchase price: $60,000
Cash invested: $140,000
I am still in the middle of a total renovation on this project. It is a duplex in a r...