Corey Dutton
Investor Needs Advice: Renters Trashed Property Repairs to Cost $10K
I have a real estate investor friend who needs advice. He has an SFR rental property and discovered after the most recent tenants vacated, that the property was nearly destroyed. Bid for repairs came back at $10K.
F...
Natalie Cloutier
Going on 14 units and counting with the New build Strategy
A lot of people ask us why we build new instead of renovating and I just wanted to share a few reasons with you guys to get your thoughts!1. We have complete control over the budget from day 12. Finished value is alwa...
Gabe G.
worthless apprasials when getting financing
Anybody else, when using financing to buy a rental property, usually HUD/VA etc, find their lenders appraisers will only appraise the property no matter what the market/comps say, for right around the selling price...
Jon D.
JV Split Percent No Labor Partner
I'm going to try this more succinctly because my first post was likely too long and unnecessarily confusing.2 partners on a property. Lets say *neither are contributing any labor or what labor is rendered is paid for ...
BJ Ralphs
?? to structure split w/ LLC - partner is conractor, I am RE agen
I am a Real Estate agent and my partner is a contractor. we are going to form an LLC to do flipping. I will provide all the downpayment $$ and make the deals with lenders, find the properties as well as market them wh...
Kenneth C.
Mortgage Broker vs. DIY
BP Community:
I would like to get some feedback from you all. I'm exploring the option of refinancing several commercial loans that I have and engaged a mortgage broker. Actually, the broker was referred to me. My ...
Dustin Frank
How do you pay your contractors with an equity position?
Hello BP,
I have a contractor client that wants to start flipping houses. He currently has about $10,000 cash and about $20,000 in credit "Home Depot line of credit for materials." I feel confident in his drive and a...
Andrew Stringfield
Feeling around in the dark on first possible partnership
Hello all,
I am trying to determine what I can contribute to a potential joint venture involving myself, another investor, and a builder. I own the land outright and have $20k in cash to invest. Additionally, I am wi...
Aron Teran
Partner on 1st Deal?
I would like to purchase my first investment property early next year. Targeting either a single family or small multifamily to implement the BRRRR strategy. After chatting with a friend (who is also my CPA), he ment...
Mike Bartell
Flexible financing options?
Hey everybody, I'm wondering if there is any conventional mortgages that will lend on a property that needs work? I'm able to do 20% down no problem but don't want to be under the pressure of a hard money loan and oth...