Using Hard Money... When can I refinance?For example:I buy a home for 100,000 cash using hard money. I do a light rehab using my own money. I find a tenant and have the home reappraised. How long can I expect to be pa...
Hello BP,When dealing with subject to deals. How do you get around the bank having issues with you taking over the payments? I have heard that banks will call the loan with subject to deals. I have heard of doing lim...
Ok, so I'm currently starting on my 4th flip as well as updating my own personal kitchen in my home. I have come to realize that most of my experience with contractors is pretty terrible. I understand the whole gettin...
Hi All!I recently purchased a 3 family and noticed that the property has a central gas heating system/furnace. Since it is a 3 family home and I do not want to be liable for paying the gas bill for all 3 units, I have...
Hey everybody! I’m a rookie investor interested in small multi family and have yet to get my first deal. I’m based out of Michigan looking to purchase in southeast MI areas with low crime rates (outside Metro-Detroit)...
Listing price 280,000Offer 295,000Average market rent 1400-1500Income 2800Expenses. 1400 Mortgage. 450 property tax. 200 insurance. 35 water. 100 vacancies. 200 repairs. Total = 2350-2400.est monthly expenses. Convent...
Howdy. I'm trying to gather as much info as possible on a number of properties I'm considering buying in the midwest. Rather than find and contact each owner, I am trying to gather the information through a FOIA reque...
Hey BP! Hoping that I am posting in the correct forum.My grandmother has moved into an assisted care facility, giving power of attorney/attorney in fact to my parents. Her house is completely paid off and my parents a...
Hi Everyone-Thought I'd share a quick success story that the group can benefit from. Prior to completing this Duplex, I had 3 others in the Omaha area. From 2009-2013, I bought the others for around $75/sq ft. As m...
looking at a very nice foreclosure by me price is $65000 local comps are 180-215000 the house is 3 bed 2.5 bath 2100 sq ft built 1990s been empty for over 2 years with a flooded basement which is all cement walls, but...