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When you go to use the BRRRR strategy, you buy the property, rehab it, rent it, and Refinance it... what exactly are you doing when you refinance the property? I think you are pulling money out of the deal somehow, bu...
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Hey BP community!I've been a part time RE investor for about 10 years. Little background on me to help paint the picture for my business concept. I'm a licensed builder and have been actively building and renovating h...
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Do you carry a Homeowner's Policy, a Landlord Policy, Fire Insurance, or another type of insurance for your rentals? I've heard so many different options I'm not really sure what to ask to be quoted. Also- do you get...
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Can you convert mixed-use and/or commercial properties into all apartments without rezoning?
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I am looking at a triplex that needs some work and is likely to be valued much higher than is currently for sale. My end goal is to own the property as a buy and hold and perhaps live in one of the units. It's selling...
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Hello,My offer for my first REO property was accepted but I'm running into issues with the utilities. Normally, utilities would be turned on in my name for the inspection but I don't see how it can be in this case. T...
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Hello BP, I have done a couple of deals with a local PL who has about $150k to lend me on deals. He wants to be on a 1st mortgage which is fine if I find a deal that is around this price or a little more ($175k max) ...
All,
Totally new to REI, haven't closed any deals, and just starting to think about marketing and doing some yellow letter campaigns.
I'm curious to hear from others regarding where you go to develop a ...
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BP Community and Cincinnati Locals,
My wife, son, and I intend on moving out of our house hacked quadplex and into a 3/2 single family home here in the next few months. We intend on living in the home 5-8 years until...
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I am struggling to put a title on it. I currently own 13 units and hope to grow more after my current round of renovations are completed in 2021. I have one LLC and as I grow my question is what am I? Am I the CEO, th...