Jeannie H Armstrong
2nd rental property
How have you guys managed repairs/ renovations during coronavirus social distancing? Also need to hear from flooring, roofing, carpentry contractors in Mobile Al area asap. Had planned to paint myself but may have to ...
John Stewart
BRRRR Single family/ Off-Market
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $45,500
Cash invested: $20,000
High end renovation, rental rate is $1350
Final appraisal for $145K, pulled out $100...
Account Closed
What is your opinion of this situation, and how has it, affected your business? Yield premiums for US Distressed Debt has reached 25%?
"yield premiums for U.S. distressed debt hit a five-year high"
The credit cycle is called a "cycle" because, unlike the business cycle (which the Fed has convinced investors no longer exists), it...
Matthew Metros
Multifamily Refinancing Terms/Conditions: What should I look for?
I will be utilizing the BRRRR strategy of Buy Rehab Rent Refinance Repeat to grow the portfolio.
We are looking for a delayed financing loan product that fits this strategy and mainly trying to avoid products that ha...
Jim Bown
Has anyone converted a motel into an apartment complex?
I am considering buying a motel to convert into efficiency apartments. Anyone know if that will likely require a zoning change. The numbers look good but the execution concerns me. Any thoughts BP members.Thanks for y...
Tania Ghosei
Auction and outstanding unpaid balance
Hello! I am interested in joining a foreclosure auction taking place in my district court (this is my first time, yeay!) for a property that was sold in 2007. The announcement says that the sale is in execution of a d...
Isaac Lane
1031 Exchange Process
Hi All,I'm looking to do my first 1031 exchange and want to see if someone could explain the process of executing it and what the typical cost is? Thanks!
Shay Reynolds
Venture Capital or Go without?
Hello All! Any like minds in smaller houses?
I have been working on a small houses business model for 27 months. We have picked up traction and are ready to bring the concept to the world. Should I seek Venture Capit...
Timothy Woodland
how to structure deal when you are offering your hustle
I have been listening to a lot of BiggerPockets podcasts and have been hearing the term syndication a lot. I'm curious as to how these work. The reason I am looking to become educated on this topic is ultimately I wou...
Davie Madison
Community Property Lending Scenario
My wife and I live in TX a Community Property State. We currently own our home (Property 1) and both of us are on the mortgage and title. We would like to convert our current home into a rental and purchase another ho...