Account Closed
Titles, Surveyors, Property Lines
We have an interesting twist on a new property we are negotiating. The owner has a home sitting on roughly 2 acres which for the most part only 1 acre makes up what would be considered the yard. The remaining land has...
Mariah Jeffery
Considering Offering Lease Option - Questions
I have a single family home that I'm currently renting for $795/month. Tenants are moving out at the end of August and I'm considering marketing this as a lease option as well as a rental next time. I read "Buy Low, R...
Matt Fish
Blown Away by the Cost to Subdivide $$$$$
I recently put a property under contract that was on a 1+ acre lot. I had a meeting with the country and they said that it appears that I am able to subdivide the lot into 3 lots - keep the existing house on one and c...
Andrew Fidler
Toledo Lead Ordinance Update
Alright we have had a significant update on the Toledo Lead Paint Ordinance and wanted to post the details for those of us who own property in Toledo (or Ohio, we have several municipalities such as Cleveland, Columbu...
Heather Yan
Should I sell or rent and hold?
I purchased a property in 2013 for $265,000 and leased it out ever since at $2,300. The return rate (without depreciation) is at about 5%. The selling price of the property is at least 325,000 right now. The property ...
Mike Sola
FHA 203k program and BRRRR method
Is it possible to combine the FHA 203k and the BRRRR strategy? I understand you can use this loan to make household repairs but to what extent?
Dustin Morgan
First Spec
Please give me your opinions.I'm working towards my first spec build. The first few are going to be hard to fund so my plan is to start small. I have purchased two vacant lots, one with cash for $19k and the other i...
Rita Solomon-Moore
Buy & Hold Question-What Should I Offer
GM Everyone,Looking at trying to work out my first deal (hopefully it is a deal). Not sure of the overall numbers, but I have been working out some variations for the last couple of days. There are 5 properties bein...
Lamar Washington
My first Multi-Family New Construction Project
Hello BP Community, I'm under contract on a 2 acre lot of residential land on the West side of Jacksonville, FL. We are currently in the early stages of the land entitlement process, and I would love to get some feedb...
Matt Crawford
Line of Credit on a 5+ Unit Building?
BP, I have a 7 unit apartment building that I have a bunch of equity in. Is it possible to get a line of credit on this property much like you would get a HELOC on a SFR? Right now, my only understanding to how to get...