William Collins
BRRRR next brick in the wall
Today I closed on my 6th BRRR deal. All of my properties are in Connecticut.So far:Triplex in New Britain- BRRRR complete and fully operational.2625 Rent Roll 100,000 acquisition 50,000 renovation, 140,000 refinance...
Account Closed
Does Insulation Add Equity?
Hey BP. I am the owner of a 3 family building in the Greater Boston Area. I bought the building in June and will be looking to do a cash out refinance as soon as I can to extract the ~45k I put into it and dump it in...
Lynn Gormley
financing during a divorce questions
hello, new to BP and excited with everything there is to learn. I have a question regarding financing. Not looking for legal advice, but more looking for good financing advice. I am in the process of a divorce and pla...
Cameron K.
Use a HELOC for a buy and hold, decent shape duplex in Colorado?
Good Afternoon!I will be closing on a duplex this Friday. We opened a HELOC on another rental property (a 4-plex) with 800k in equity. The HELOC is for 190k. I will be using 90k from the HELOC to put down on the duple...
Sophie Andrews
appraisal
Hello,
I am a starting investor. An older lady wants to talk to me about selling her home. She informed me that the house needs a lot of repairs and she has never gotten an appraisal, therefore has no clue h...
Jason Blanchard
Possible First RE Deal. Any Advice?
Let me start by saying I am brand new to real estate investing. I have been reading the forums here and listening to several podcasts and have recently joined my local REIA. I am extremely excited about my future po...
Chris Williams
Larger Multifamily as First Deal - Good Idea or No?
Given all the current craziness, in the housing market and otherwise, I wanted to run an idea pas the BP Conglomerate.
I'm following this plan at present: Buy a small multifamily (2-4 units) property in Washington ...
Jonathan New
COVID-19 affects on capital raising
I'm having problems raising funds over the past few months, even for my first ever 2% rule deal (16 units). Is anyone else experiencing this challenge, or is it just me?
Anna L.
How to sell a house after flip during COVID stay at home order?
We recently finished two flip projects and have one house for sale in Philadelphia county and another in Montgomery county PA. Both of these counties are under Stay at Home policy since yesterday. Any advice on how to...
Edward Debbs
Questions about tenant responsibility upon moveout in NJ
hey all,I have a house in NJ, and the Tenant moved out after 4 years. I have some examples of the condition of the house and wonder what is his responsibility and what is mine, because in some instances it probably l...