Liam Tennies
203k Renovation Too Big For My First Property?
Hey BP, hoping I can get some clarity on this property and get a push in the right direction for my first deal. I have been qualified for a 300k loan. This is a 203k loan where the renovation cost of the property are ...
Michael Corso
Saturday Fix and Flip Tips for Beginners
Here are all the steps you need to follow in order to successfully flip a house.
1. Determine Your Budget and Plan of Attack
You need to decide just how much money you can actually sink into the project. This can be...
Joshua Christensen
We earned a 62% ROI on this FLIP! in 8 weeks!
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $127,700
Cash invested: $85,000
Sale price: $250,000
This foreclosure sat neglected for nearly 6 years. In jus...
Clayton Smith
1031 exchange or show income for bank loans
I purchased a property earlier this year that was in terrible shape and I believed it was a teardown so I got it for the land value. I planned to BRRRR the property. I cleaned the property and lot up and repaired the ...
Joseph Friedman
flips in the Williamsport - lock haven PA neighborhoods
hi, to the bp community just starting out in this area
was wondering if anyone has experience in doing fix and flips in the Williamsport or lock haven neighborhoods is there any demand for a newly redone property ? ...
Cole Stumbough
(Taxes) Can I deduct the repairs on both duplex sides?
I have an owner occupied duplex tax strategy that I would like to get advice on:If I were to live in one side, and renovate the other side, and them move into the renovated side, and renovate the first side, would I ...
Chad Shultz
Flip in the "Nick of Time"
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $191,100
Cash invested: $40,500
Sale price: $305,000
Purchased property via county foreclosure auction. After ...
Lorenzo Jackson
Process of Cash out Refi
I hope you enjoyed your Holiday season,I'm working a deal for a triplex, the unit cost 32.5k, needs 45k in repairs. The ARV should be 150k-160k. I should be closing before the end of the year. I'm using hard money for...
Andrew Jennings Freerks
Foreclosure Fix and Flip
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $133,000
Cash invested: $61,000
This is a foreclosure fix and flip. We closed in early February 2022 and are curre...
Pete Harper
Small Commercial Deal Analysis
I'm looking for some feedback on deal analysis for a small commercial property. This will be our biggest deal to date so I want to make sure I'm running the numbers right. We have a total of 28 units so I'm fairly c...