Bouncing off of my last post, there is also the hard money route.  How do we go about inquiring hard money lenders? Also, if once we obtain a HML, how do we present a proper rehab estimate to work into the loan?  Is t...

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $60,000

2/2 across from canal in desirable neighborhood - Bought from health failing elderly neighbor

What mad...

Hello all,I was wondering if anyone is aware of any software or apps they use to calculate rehab cost or draw up a detailed scope of work that they recommend?I did some research but didn't find anything.Thanks,Sharad

My tenants damaged the following:
1. Broken bathroom sink with 4" hole in it.  The sink was cemented to the marble countertop so the repair isn't easy.  Repair cost was 1200.  Replacement cost 1000.  I replaced it.
...

I've read conflicting ways of how to calculate pricing.
Do you start with the ARV or "as-is" value?
For example:

200,000 ARV
20,000 in repairs
180,000 "as-is" value
I want to offer $0.65 on the dollar

1)
200,000 - 2...

I'm in the middle of buying a home in Carson California but I can't find contractors to come in price out the repairs I'm wondering if it's worth it.I'm getting the house for $500,000 if it was completely fixed up it ...

Hello,

I'm interested in getting into RE investing, looking to purchase an auction home. I want to flip the home but my questions are:
1. Can a hard money lender provide funds to acquire an auction property?
2. I...

Hello BP,I am starting my Estate Plan and have a question about the home equity line on my net worth statement.This is very important because the two figures are very different.1) Use purchase price minus mortgage bal...

First time poster and new to BiggerPockets. My question deals with financing repairs on an older home. My father inherited his mother’s home who passed. It is not a very good shape some my even call dilapidated. It’s ...

Investment Info:

Single-family residence buy & hold investment in Fayetteville.

Purchase price: $67,000

Cash invested: $15,000

Found a retired landlord off the market brought to me by a fellow Fo...