Hi all! Would love your wisdom on this deal (numbers below). I am considering flipping or BRRRRing through a partnership (so would be splitting the profit). My biggest hesitation is the rehab that needs to take place....
So... after searching high and low I found a property that I wonder if it is even a good deal or not. The details:List price: $299,000ARV: $400,000 (based on 5 really good sold comps on local MLS)- Selling costs: $14...
i have a rule of thumb for 5% but what costs are involved in that 5%?
Using the fomulas discussed here, I am able to find the properties, no problem.. In a great town...with tons of rental opportunity as well as major growth. Now what. I am also a contractor and can quickly get an accur...
Hey everyone! My wife and I have been looking for a new Primary Residence to do a live and flip over the course of 1-2 years (Don't have the cash to flip super quickly). A foreclosure has come up that I have run the ...
Hey Everyone, So I found this property on the MLS, literally on Zillow, and contacted the listing agent. Let me just reiterate now --- as the title states "my first flip"... so if you're also new, please take heed to ...
Hey BP Community-
I have started a business with another investor and we are now doing our first non-owner occupy multi-family property. We have found a deal, but need some advice on which way to approach it...
Hi all,Thank you for taking the time to read this.InfoI purchased a new house, which I will be entering the 9th of July. I now live in a 4-room appartment.I'm close to renting out my current appartment since the calcu...
5,000 sqft lot, 1,000 sqft house. 3 bed 1 bath. High density zoning, able to build apartments or condos. ARV for comparable development projects 1,400,000.The initial strategy was to take the existing loan sub-to ($16...
My wife and I bought an investment property about 6 months ago in our area. We have been renting it out and in that time frame have done a full basement remodel. Due to the market status and analyzing it, we believe i...