Anastasia Papyan
Austin RE market craze - is that a bubble?
Hello BP! We moved in Austin one year ago and was shocked how big SFH demand is! Almost every house has multiple offers, Even not that pretty ones :) so the question is: how long will that craze continue ( in your opi...
Cyle Harris
Finding Private Money Lenders
I recently sold my first fix and flip and am looking to do a mixture of the BRRRR method and house hacking with my next deal. In my first deal, I used a mixture of personal loans and my own money to finance purchasing...
Dale Nesmith
Draw Disbursement Question
I just closed my first HML to rehab a property I inherited. I picked a young inexperienced Contractor. I picked him for two reasons, he was one of the few Contractors that came back with an actual estimate, his estima...
Katie Dye
Cost Estimates in Lakewood, Ohio
Hi everyone!
I am a new member of the BP community and am under contract on my first rental property in Lakewood, Ohio. I'm starting out with no experience in home improvement projects and don't really have a good un...
Koki Agata
Buying wholesale properties
Hello fellow bp peeps.I have one rookie question that I'd like to bother people with.I am currently looking for my first property, and have been talking to wholesalers. All the listings have "cash price". I am wonderi...
Jonathon Martineau
beginner financing strategy?
What's the best strategy to obtaining the best possible financing strategy? I am getting to the point where I'm comfortable to start aggressively going after my first deal but want to make sure I do it right. I would ...
Michael DeVane
HELOCs on Rental Properties
After extensive research on HELOCS, I found only one bank (or credit union) that offered a HELOC on rental properties. They only allow a 60% LTV and a rate of 6.125% based on prime of 3.25 plus margin of 2.875. Is th...
Nicholas Libertin
Looking to 1031 into Orlando, Jacksonville or Tampa/Sarasota Area
Hello,
My name is Nick. I am part owner of a small real estate investment group (16 units) in Ohio. We are in the process of selling a couple of our properties in hopes of doing a 1031 into a multiunit in Orlando, ...
Matt Thomas
Massachusetts Hire a GC or Not
Hello,
I'm just wondering what the consensus is for people doing rehab projects in MA regarding general contractors? I have some background in building materials and have rehabbed a couple of my own homes, but have ...
Jim Garrett
Would you take this offer on a MF near the University of Arizona?
I purchased a terrific BRRR opportunity multifamily within walking distance of the University of Arizona in Tucson, AZ 11 months ago for $385,000 with $70,000 down. Seller carried the $315,000 interest only note at 6...