Stacy D Hammond
Newbie:Considering flipping my own house
I purchased a old house about 8 years ago with the intent to renovate and sell within 5 years. Obviously, I passed the 5 year mark. Now I'm ready to do a complete renovation but considering flipping after the renovati...
Andy Perez
Dipping my toes into Airbnb
Hello BP goers! I’ve been brought an opportunity to Airbnb a house from a family member, and I’m going to be basically “renting” it out but I was given the thumbs up for the Airbnb. I see that I have to renovate, furn...
Terrell Murray
Should I do a Subject to???
I will try to make this shortMy Aunt passed during the renovation process of her home, my Grandmother inherited the house and the renovation price tag of 70k, she is currently paying a low payment of about $170 a mont...
DeAndre Wheeler
Confusing question about BRRRR and cash purchases
I have a financing question concerning BRRR. Can you buy a house using all cash and THEN go to the bank and get a mortgage to complete the BRRR? Or do you need to finance a house upfront in order to be able to refinan...
Khadijah Celestine
How to calculate cash needed for BRRR?
So,The big picture: My father is going to take a heloc out on his house in order for us to purchase and renovate a property and then we are going to use my personal first time home buyer, to purchase the house with a ...
Jeff Cliff
No drawings available for property
Hi,
I am in an escrow for a property requiring major fixer-upper work. The property has a lot of unpermitted additions and alterations which would need to be corrected. I checked with the city but doesn't seem the ci...
Victor Delgado Velez
Renovation with Tenant Occupants
Hello BP Fam,I'm starting my REI journey using the house hacking method. I've already got an approval for an FHA with 203k loan. My question to you all is, how do you deal with renovations with tenants currently occup...
Bradley Dosch
Second House Hack Reflection
Investment Info:
Single-family residence buy & hold investment in Tacoma.
Purchase price: $490,000
Cash invested: $30,000
This was my second house hack and first property in Wa state. This fit my...
Morenike N Allen
Making an offer on a house hack
I'm in the market for my first house hack and have identified a property that I like. The asking price is 499k and my realtor suggest making an offer of 515k. The estimated value of this renovated multi fam, is 399k-4...
Dawn Roy
Wholesale Deal Equals Great Profit!
Investment Info:
Single-family residence fix & flip investment in Richmond.
Purchase price: $215,000
Cash invested: $25,000
Sale price: $315,000
This was originally owned by a wholesaler who ...