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1) Having a contractor with 203k experience is crucial. If its his first 203k, you are in trouble.2) When doing the 203k draw request, make sure it makes sense. Example: you have $50K to rehab the house. your draw req...
Hi all!So my agent has brought me a deal that fits my criteria. Sfh, 4 bed, 1.5 baths (and plumbing for another in the basement), brick home and in a decent C neighborhood. Need a full rehab. My goal is to flip it and...
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Has anyone used tiny homes to add to multifamily properties where zoning allows? Looking for any solutions around utilities specifically, and other great innovations you've used. Thanks!
Hello!
My husband and I are buying our first home. It is a 2240 sq ft. Mobile home (on block foundation) with 4 bedrooms and 3 baths. The property contains five acres, a garage, and a barn with six stalls. This place...
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Scott Sledge is a local contracrtor and comes highly recommended in one of our local investor Facebook groups called Investor Underground. I'm curious if any BP members in my area has any experience working with Scot...
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Hey everyone, I'm in a situation that is above my experience level and I need help! I'm looking at a SFH to owner-occupy and rent rooms out to individuals (students, military, etc). I saw a recent opportunity that I r...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $63,500
Cash invested: $120,000
This was a flip house that went sideways thanks to a horrible liar of a contractor,...
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I have potentially a pretty good deal in my hands. The only issue is that the house is on a crawl and the crawl is too shallow to be accessible. The crawl has had water intrusion previously, so something would have to...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $315,000
Cash invested: $48,194
Sale price: $425,000
This was my first fix and flip property, and a full gut jo...
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Investment Info:Single-family residence fix & flip investment.
Purchase price: $80,000 Cash invested: $24,000 Sale price: $140,900The cash invested is not including closing costs, or the cost to us on t...