Caleb Rohn
Advice on potential real estate partnership
Here is my situation.I spend a lot of time on BP and I have developed a small portfolio of 4 residential rentals simply from learning on here and spending time getting to know my local market. Recently an opportunity...
Jack Moran
If I pay cash for fixer upper, can 70%LTV be used to renovate?
Looking at a 40,000 2fam property and I have just enough cash. If I buy it, can I immediately get a $28,000 (a 70% LTV cash out) before renovation and use the 28,000 to do renovations? I know the typical BRRRR proc...
William Hicks
Financing First Investment Property Evansville, In
Hi I'm looking to get into real estate investing in Evansville, In this will be my first home purchase I'm looking to do a house hack I will probably use a FHA loan for financing. For my first property I would ideally...
Darnell Fenderson
Lending for low purchase price
Hi Team,
I have a property I would like to purchase for a buy and hold at $42,500. However, I am having trouble securing financing for this property. Can anyone assist me?
Christopher Dunn
How do I know my construction contractor is doing a good job?
I have no experience with construction or renovations but want to use the brrrr method. Especially if I want to close on a deal, I feel I dont have the time or ability to walk through a whole plan and pricing with a c...
Sean Grady
This is my first REI, Buy and hold...mostly turnkey?
How much work should I put in to this? Change color of paint, remove popcorn ceiling and apply knockdown texture, New lighting, new fresh white outlets and covers, paint trim and doors white, new quartz or composite c...
Myles Carey
House hack financing
Once pre approved and putting in offers, if the property needs renovations and you don’t have cash ready for the renovations how do you fund that? Would using a private money lender to fund the renovations be a bad i...
Michael Vazza
Calculating the Value of a Renovation
One of the first things you want to look at of course is the market. If units in your market that have recently renovated are renting for a few hundred dollars more than yours, then this should be an immediately simpl...
Curt Bixel
Water heaters and permitting
I have recently purchased a duplex in Columbus, OH. It came with a list of code violations that I am working on addressing. I wonder if anyone has been down this road before and has enough of an understanding of the...
Christopher Morin
Builder's risk insurance and Sub2
Hey everyone,So I'm only a week out from closing on my first Subject to: deal, and while I think I have my ducks in a row, I have some questions when it comes to insurance.I'm "taking over" 89,000 worth of loan from t...