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Hello, I was hoping to learn from any one who may have been doing the BRRR model on multifamily properties (4 units). Specifically around doing the finance piece. I know Multi family vs. Single Family homes ARV calcul...
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I just bought an REO for a local bank with borrowed cash from an investor. Now I need to get money from another source to gut and rehab this property from top to bottom. I'm looking for advice of a few methods that I...
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Hey BP,
Read J Scott's book on estimating rehab costs and was inspired to take his sheet (Thanks J) and put my touches on it. Enjoy!
Also interested in crowd-sourcing feedback on the sheet itself and on the estimat...
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REAL ESTATE PURCHASE AGREEMENTThis Agreement shall become a binding contract between Buyer and Seller effective as of the Sellers Acceptance Date.General Information. The following capitalized terms and phrases have ...
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So I have a few methods I’m trying for finding investment properties. My HELOC was just approved and processed last week but I’ve been actively looking the past few months. Method 1I look online at Realtor.com, Zill...
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On my first deal in Columbus, Ohio, the appraisal came back at the exact purchase price. My understanding is that the lenders usually want the appraisal to come back at exactly the purchase price so buyers aren't allo...
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This is a case of where my accounting MBA background plus what I read online is in conflict with my CPA's knowledge. In filing my business returns (S-corp), my CPA seems to think that renovation expenses should go in...
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Guru Programs are notoriously difficult to assess in terms of quality or outcome for their students. Some students rave about their guru, some come and complain about how they got ripped off.
There are a few patterns...
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Hi Everyone! I read Andrew Postell's post about doing cash-out refi's and he says in there that if you pay for the home with cash or a HELOC that you can get a cash-out loan on day 1. I've called 4 credit unions and t...
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Hey all,I have a question for tampa wholesalers out there. I wanted to know how you all are estimating rehab costs. I’ve done research and found that some wholesale gurus will estimate a certain amount per square foot...