Account Closed
Inspection Amendment / Difficult Seller
Hello BP Community,
I am currently under contract to purchase a nine unit multifamily property which includes an 8 unit apartment complex and a single family home.
Early last week, I received the inspection report b...
Tyler D.
How much should I pay to insure a $40k house?
I'm in the process of buying my first house, which is a $42k SFH that is in great condition.I called USAA and they quoted me a $140k rebuild cost, which I thought was extreme.Their rates were $910 for 1k deductible an...
Jarred Watley
help with hard money leading on flip numbers
Hello! BP family need help on flip deal numbers. I'm going through a hard money lender. The purchase price of the property is at 55,000$.Cost of repairs Max 25,000(I always go with higher numbers could go way lower) A...
Barry Je
Financing with turnkeys all cash and mortgaging after?
One turnkey is requiring investors finance deals all cash. I can do this but I want to leverage my money.
What are people’s thoughts about buying for cash outright and then getting a mortgage to free up money to do ...
Amanda G.
Reasons for/against naming an LLC the property address?
I am preparing to close on my first rental property! I am thinking about LLC names. What are your thoughts for/against naming the LLC after the property address?
Henry Clark
Self Storage- Layout 1
Was asked for comments on a new Self storage Location layout. Layout is a little hard to read on the attachment. Questions and responses below. This is just a quick glance. I will try to note the reason for each o...
Mikhail Abbott
Is it too risky to cash out refy and lower my cashflow?
So I am looking at pulling some equity out of my rental house in texas and purchasing another rentalSo this property brings in $225/mo of cash flow on top of saving 15% ($279/mo) for vacancy, repairs and capital expen...
Mosun Mah
Los Angeles - Seeking Engineer to give estimate
Hi All,Looking for an engineer in Los Angeles who is familiar with city codes and permits to draw out plans to turn my basement into storage space. If anyone has a recommendation it would be greatly appreciated. Bes...
Abbey Giwa
Does this deal makes sense? HELP NEWBIE
I identified a property to purchase for rental investment, the owner is a Savvy investor in his own right and running a hard bargain. I really want this property because of its potential and my familiarity of the area...
Dave Charron
Insurance on $1M multifamily?
Just wanted to see what others are seeing for insurance rates? I have a 13 unit under contract for just under $1M and my agent is quoting me $4700/yr with $2500 deductible. Property is in Upstate NY