Ridge Gonsoulin
Home equity for remodel
My wife and I are currently looking to remodel our house. We own it outright, it’s worth about 280,000. We are looking to do about 100,000 in renovations (because it really needs it.) Was wondering if a home equity lo...
Jill H.
Can I pay back tax bill & pay back sewer bill-vacant & late 8yrs
Hello, I need help please. I want to buy a house with a LOT of issues.
5-6 liens from the city of Atlanta----- Owner Passed away 2014---- Left 3
kids that wont sell ---- Back taxes owned to the City----Sewer Past ...
Timothy Metra
How do construction loans work?
I had a rather long conversation with my father last night. He used to build houses from the ground up and sell them with his partner who was a general contractor. My dad was the superintendent over these jobs. Really...
Mike Mihaylov
How to Find a Buyer Before Starting Renovations?
I am a relatively new investor and I have a condo that I would like to renovate and sell. I would like to find a buyer before the renovations start, so that I can build out the property to their taste.What strategies ...
Leeor Shimron
New Member from New Jersey
Hi BP Community!My name is Leeor and I recently joined the BP community. I grew up in Bergen County, NJ and I just moved back after spending a year working in Silicon Valley. My role was business development with a fo...
Alex Stewart
Looking to Create a Buy and Hold Fund
All,
I wanted to get some feedback on starting a real estate "buy and hold" investment fund. I have been in this business successfully for a while (25 single-family units with massive cash flow over 6 years) and thin...
Andrew Peters
50% Rule...help!
I am looking for clarification on the 50% rule. Right now I am looking at a 4-plex, the seller is asking 125,000 and the rents currently generate 1700 per month. According to the 50% rule, I split the 1700 in half, ...
John Kesner
Foreclosure fixer offer strategy
Hello Folks!
So I'm wondering what strategy you guys have found effective buying a fixer upper from a major bank. Assuming the property needs significant work (roof, hvac, vandalism to windows, doors and plumbing)
D...
Account Closed
Finding owners of OFF MARKET properties
Hello all! I am interested in a 4 unit multi family home in my area. (washington DC).The unit has all the signs of being an abandoned property. Tall grass etc. I researched the property and an agent told me she cannot...
Eric Guzman
Small Bathroom Remodel
Hi everyone, I have a small 8X5 bathroom in Elmwood Park that is old and needs to be completely remodeled (sub floor is rotted out). I have never done this before and just need something basic and durable for tenants....