John C
2nd mortgage forclosure
A property with two mortgages is coming up for sheriff sale. The second mortgage, which is a construction loan (and twice the amount of the first) is foreclosing on the property. I was under the assumption that the fi...
Matt Wignall
Available Funds with 2 year investment property HELOC
Superior, WI / Duluth, MNNOT MINNEAPOLIS- Superior or Duluth were not options....I recently closed on a HELOC on one of my properties. I'm looking to purchase more properties and recycle my HELOC to build up my portf...
Kevin McMaster
Syndication pros and cons
What are the pros and cons of syndication? What are some of the basic due diligence ? My background is in construction single and multi family. What are some questions to ask when vetting a deal?
Justin Peters
Fannie Mae HomeStyle Renovation Loan
Does anyone in the BP Community have any input on the Fannie Mae HomeStyle Renovation Loan? After doing some brief review, it seems like an ideal loan for any buy/fix/sell investors. Any feedback would be greatly appr...
Jordan Bateman
Tips for streamlining multiple offers and keeping my sanity
For those of you like myself who make multiple offers per day on listed (and unlisted) properties, you know the process is tedious...for Texas at least, as I'm sure it is anywhere.
I'm currently shopping around for s...
Matthew Paul
Time for the total gut after 9 years of rent .
Bought this property 9 years ago , it was built in the 1940s . It was as close to original with minimal updates when I got it . Its a 2 bed 1 bath . ( on 3 acres) . I made it clean , neat and habitable to get it ren...
Russell Brazil
Modular Home Construction Costs
I was wondering if anyone had a sense on the construction costs of modular homes, and if they knew how accurate these estimate calculators are on builders sites. I am in Maryland, and some of these calculators are spi...
Chuck Masters
Orlando / Disney Vacation Rental management rates
Looked at a vacation rental home today off 192 near Clermont. House priced to sell but the current management company is charging a 15% fee along with a $265 monthly fee for pool and pest control. This works out to be...
Prasad J.
Building Multifamily in Tacoma,Washington
Is buying land and building multifamily ( duplexes, 4 plexes) in South Tacoma(Washington) area worth it. The basic construction costs in the area are around 85$/sq ft , on top of it there is the permits, cost to brin...
Serdar C.
Investing in new townhome construction
A townhome developer in my town is looking for an investor for one of his new townhome development. He already purchased the land and did the due diligence. He needs investors to finance the down payment required for ...