Bao Nguyen
submit offer before due diligence?
hello everyone.I am about to make an offer on a duplex, and I asked the realtor for the rent roll, the credit and background checks on the current tenants, and list of expenses. I was on the phone asking A LOT of que...
Marshall Secord
Rehab permits for finished basements and added baths
Hi BP, I've got a house in West Philadelphia that I plan on adding a bathroom and finishing the basement for. The basement already has huge ceilings and won't need to be excavated or underpinned. What I'm curious abou...
Mark Delosreyes
Cost Segregation for Beach House
Should I do a cost segregation study on a short term rental beach house I purchased? Does anyone have experience with this?
Todd Ashley
How do I buy this house while helping the owner?
It's been a while BP and I could use your guidance! Here is the situation:I know an older women who had a stroke and is currently living in her daughters 5th wheel so that she has assistance. The women desperately wan...
Edis Baftjari
Is this as good as he makes it sound?
Hello, I am trying to purchase a 3 unit rental, and I asked the broker for a 20% down, 30 year mortgage, since I want to save some money (instead of 25% down) and fix the roof. This was his reply:The bank is offering ...
Isaak Kalinkin
How to properly setup an owner financing situation.
Hi everybody from bigger pockets.I am looking to buy my first piece of property. I have my eye on a specific deal. It is a plot of land that is on the market for “cash only” .The reason why the property is not able to...
Alex Gordon
What is the fix for this electrical panel?
I'm looking at a 1971 duplex I'm under contract on. Inspector provide pictures and concern over the electrical panel. It has multiple "double taps". Normally, I think you install the narrow breakers, but it already...
Michael Ealy
I have no money and bad credit but I want to invest - how?
A few weeks ago, a lot of people asked this question "I have no money and bad credit but I want to invest - how?"when I asked BPers to name the ONE question they have about apartment investing. Here's the post:https:/...
Janice H.
water in basement of possible first deal in western ME
Hello fellow BP members,My husband and I are interested in a duplex in a small town in Oxford County, ME. It is in a nice part of town on a dead end street and the units looked like they were recently renovated (new ...
Collin Smith
Empty Mobile Home park
My business partner and I have an opportunity to get into mobile home park investing with a (possibly) unique option. It is a 7.8 acre property with 41 spaces, paved roads, individual lot sewer, power, and water hook...