Mark Mullen
Fix and Flip "Is adding 1000 sq ft on in the attic worth it?"
Hello,Im currenlty living in a fix and flip and am considering also adding on in the attic. Currenly the house is a 4/2/2 with a steep roof that is foamed. There is a lot of wasted space up there and Im considering a...
Helen Kolton
Help me to analyze this deal
2 Family Property in NJUnit 1 has 2 bedsUnit 2 has 1 bedC+ area - good rental areaI am not an engineer but the house is in pretty good condition, cosmetic clean up of about 15-20KAsking: 140KOffer: 125KConventional Mo...
Peder Halseide
Stuck on the last R. Cashflowing, just need to refi
So, subject is an older mobile home 1966. Rehabbed property, I put new roof/siding/paint inside and out. I will not be able to purge/attach as real property to get conventional financing, as I had originally planned...
Craig Wilson
Water and Mold
I put an offer on a house in a decent neighborhood where the other houses sell in the 105,000 to 120,000 range. My offer of 78,000 was accepted. I had the house inspected and all was good except for the discovery of...
Account Closed
Rental SFH Rehab for HELOC
Hello BP CommunityI have a rental mid-$500K SFH in suburbs of Washington DC. This a typical suburban community with homes that are 5 bedrooms, 2.5 baths and 2500 sqft of living space. The house was built in early 90s ...
Jason Halka
Considering buying a quad as my first real estate adventure?
Considering pulling the trigger with a quad plex. All units are filled generating $1725 a month in rents. Roughly $105 in tax and $300 in operating expenses. I have a HELOC ready for $23k. I would put down 20%. The s...
Idalee Torres
Renovation and general Contractors
Hi, an investor friend of mine suggested I put out feelers for some general contractors that are reasonable within the Brooklyn area. We are hoping to get investor pricing as opposed to home owner pricing.......if you...
Christopher Blanco
Buy and Hold in Cleveland
Investment Info:Single-family residence buy & hold investment.
Purchase price: $22,000 Cash invested: $9,500Just finishing up getting this home rent ready. Its a 6 bedroom (that's how it is on the auditors...
James Wise
Why do people Live in New York?
The other day I started the thread Why do people Buy Property in California? I wanted to know if there was anything other than the weather that drew people to California. Most everyone mentioned the weather and apprec...
Nick Brown
Rent-by-the-room insurance costs???
I found a 4 BR home next to local hospital. I immediately began running numbers for a rent-by-the-room scenario for travel nurses. I found some articles and old forum posts on BP last night that discussed problems w...