Kristi Wolfe
Construction draws on hml
I’m a newbie, and trying to make sure I know every penny of the costs associated with my future BRRRR. My lender just told me that construction draws cost $200, and require an inspection- SOP, it seems, but he said ...
John Clements
Carpet Replacement ?
I purchased a duplex ( 3br 2 ba 2 car garage) 3 years ago an inherited a tenant. The tenant has lived in the unit for 8 years and pays rent on time. She is complaining about the carpet which is 20 years old. The carpe...
Jay Helms
Rental Calc question
#AskBPSo I have an opportunity on a mutli and playing around with the rental properties calc here on BP (unlimited usage is why I upgraded to Pro - worth it). All my #s stay the same but altering the income /expense y...
Thomas DeMoss
Cash on Cash return for Single Family Home
What is the minimum cash on cash return I should look for in single family rentals? Here is a deal I just did and wanted some feedback on if it was a good investment. Bought 3/2 in good neighborhood. Sales price was $...
Brandon S.
Turnkey Providers with Equity
I'm looking for a turnkey provider that does NOT sell at market value. Most TK providers I see sell at market value. My goal is to use the BRRR method and get my cash back to do another BRRR right after. PLEASE HEL...
M A.
Tax lien issue
I'm a wholesaler in Boston and I came across a deal with a possible title issue.
Homeowner has a property with a 40K tax lien on it. Title is shared with her 11 year old son (through probate?). Tax lien about to be f...
Ana Vhan
Questions around Trust, LLC, sole proprietorship, umbrella insurance
This is our situation. Let me know what is the right path for us - Trust and sole proprietorship OR trust and LLC OR something else? We have rental homes in CA and in AZ. We plan to add all of those under our trust. R...
Cyrus Sidhwa
Hard Money Lenders - Draw
I am researching various HML's and learning that most will only pay on the repairs after they have been completed. This makes sense for any work that is being done by a contractor, but what if you are planning to ...
Dave Anstatt
Former Owner Occupies Foreclosed Property
Hi all, I've negotiated a deal through a third party to purchase a property that has been foreclosed upon by the tax lien holder. The Union County tax records show the deed was transferred in June 2014 to my Seller. ...
Phil Salazar
Refinance in this economic climate?
I am looking to do a BRRRR and wanted to get some feedback from local active investors. Are banks lending currently on investment properties in MD? In February of this year, right before the Pandemic hit, I just bou...