Kevin Scanlon
CT Judicial Foreclosure Question - Awaiting Court Approval of Sale Agreement
I was the successful high bidder at a foreclosure auction late this spring for a single family home in my neighborhood in Pawcatuck, CT. Actually, I was the only bidder and was able bid one dollar over the minimum bid...
Steve Babiak
Finding Comps - FAQ
The question "How do I find comps?" comes up on the forums frequently, and has been answered a number of times, as the links below will show. There is no special order to these, so read one and all to discover the v...
Matthew Rosebaugh
Splitting a Multi-Family into Condos - Columbus, OH
I have seen a LOT of multi-families split into condos throughout Old Towne East, German Village, Merion Village, etc. Has anyone been through this process or have any advice?
Jonathan Peters
Need advise on private money deal
I have a project I am putting together for a 24 unit apartment complex. What is the best way to approach and structure a deal for private money lenders for financing the project? I have not used private money before a...
Armand Farr
Rent control clarification
Hey guys - I'm looking to buy a triplex/quad in Oakland and wanted to get some clarification on rent control.1. What is qualified as "substantial capital improvements" to a property? And does this completely remove an...
Jesenia Matias
Mastering the art of rehab and estimates
Hi BP fam,I am looking to really educate myself with the rehab (cost, materials and labor) aspect of investing. What are some suggestions the community is willing to share on familiarizing yourself both as an investor...
Andres Branger
Construction Permit Boston
Hello,I recently purchased a 3-Fam in East Boston. I wonder if someone can give me advice in securing a work permit to rehab the units with new bathrooms, kitchens, and siding. I have an architect drafting floor pla...
Mussa Kiroga
Newbie from California
Hey folks,
I'm Mussa and I'm a newbie....... (Audience says: Heeey Mussa ....)
Okay. So I'm one those who borrow/buy more books than they can ever read. I read everything from algorithms, creative think...
Brody Veilleux
Conflict between Lenders
If I get a conventional mortgage on a BRRRR, and get a HML renovation loan. Am I going to run into issues with the property having 2 liens on it? Does this mean the only way to use a HML is for it to cover purchase pr...
Tanya Solomon
How to navigate REO buying hell. Currently stuck and do not know what the hold up is.
I think I am involved in a crazy REO transaction. I get that they can take a while. I get that the ppl managing the property and the transaction are not in this business and do not care. I get that I am a "pimple on a...