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As I finished showing property to a prospective client I noticed that while viewing the property I was able to predict that the current residents were involving in a divorce situation with almost pinpoint accuracy. I...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $85,000
Cash invested: $160,000
Sale price: $218,763
Received $3,763 more than list price in less than 1 week o...
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Hello BP, my first post. I have a dilemma where the lender is asking for a 25% down because it’s a multi family unit I’m trying to purchase. My cash on cash ROI number is getting destroyed. My big concern is getting t...
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Hi All! I'm looking for some advice on valuing and negotiating a purchase of a 9 unit motel in South Florida. My father and I are speaking with a seller on purchasing a 9 unit building. We've just found out that the s...
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New investor here. I am under contract for a BRRRR project. (built in 1987, 1500 SF, 3/2, 6000 SF lot). The elderly (87 yr) owner passed away at home. My plan was to repair and bring this house up to date and then r...
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Hello lenders,I have a client that came across a unique situation. We found a property where the primary dwelling (3500 sqft) is tore up from the floor up but there is a 600 Sqft ADU that literally is borderline new ...
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Hi, I own a few properties that I am turning into airbnb rentals. What is the best way to finance the renovations ? I don't want to refi the mortgage because I like the terms I currently have I just need to redo the f...
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Tenants are leaving after 18-month lease. What must they do for return of Deposit? Return property to same condition when the lease began? Clean? Paint? This is my first rental and tenant and I'm meeting with them tom...
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Investment Info:
Small multi-family (2-4 units) fix & flip investment.
Purchase price: $120,000
Sale price: $251,000
This beautiful brick duplex was purchased in the summer of 2023 for $120,000 a...
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I'm a few weeks from finishing a unit (almost a complete gut job, took longer than I'd planned!). Should I just wait till it's completely finished to start advertising on Realtor, Zillow, etc? I want to include phot...