Christian Huyge
Question on rebuild, garage with rental on top or single family
I purchased pre 1900 home behind my current residence 2 years ago. Our lots are small and I wanted that property for the yar so my children had more room to play. The plan was to redo the home and rent it out. After d...
Trevonta Crawford
Seeking Advice on Rebuilding from Zero After a Life-Altering Event
Hello Bigger Pockets Community,
I hope this message finds you well. I'm reaching out today because I find myself at a crossroads in life and could use some guidance and support from this amazing community.
A little ...
Sanjiv Mehta
Construction loan for spec home - demo and rebuild in Bay Area
Looking for a construction loan for a spec homes in the Bay Area. This will be a complete demo and rebuild and looking for a 80% LTC. I am already speaking to Avid Bank and Fremont Bank. What other bank gives such con...
Charlie Huang
Looking to fund a home to tear down and re build
Hi , I am looking at purchasing a single family in nyc to tear down for reconstruction purpose, I am thinking to put down 20% Dow payment, rest for mortgage , but how do I fund the reconstruction, which I'm estimating...
Derek Vaughn
Single Family zoned R-3, want to build 3 duplexes or 2 triplex
Good morning friends! Wondering if there is anyone in the Central Valley area of CA that is familiar with building duplexes or triplex. There is an old house for 159k in downtown Bakersfield (which would need to be sc...
Zachary Smith
Capital Gains After claiming a $250,000 Home Sale Tax Exemption
I have a client that bought a primary home for $100K in 1989 and the home is now worth $1 Mil. They have divorced in that time period and own the house solely now. They have put about $50K worth of improvements into...
Kunal Lakhwani
Picking insurance from 2 options for my first rental property
I received 2 quotes for a 1929 built SFR in Indianapolis IN. It is a 1100 sq ft 3 bed 1.5 bath with detached garage, backyard, and an unfinished basement.The difference in the premium for both options is significant, ...
Greg P.
House blew up and foundation is left - Is this a deal?
Hello, today I was offered a piece of land where the house blew up and only the foundation is left. The ARV is $170-180 in the neighborhood. I'm able to pick this up at $7,000. How much does it typically cost to bu...
Ohad Folman
Reasonable property insurance annual cost
Hi everyone,
I'm pretty new here. Recently bought two properties (single and a duplex) in Detroit MI. Looking to insure them (under my llc). I got a quote for $550/m for both. Seems high. It is up to $1m for each pr...
Graham Nash
This is what my $23K seller financed SFR looks like after rehab.
I just completed the rehab on a 3/1.5 SFR that I purchased through seller financing. purchase price $23K10% down, 12 payments- based on a 5% interest rate, and amortized over 20 years. A balloon at the end of the 12...