Joseph Weisenbloom
How do you pay your contractors?
Are you paying your contractors by the hour, or by the project, or by square footage?If you are paying by the hour how much do you pay per hour? If you are paying per project how much do you pay per project?I've been ...
David McCulloch
SFH + SFH or House Hack - 1st Time Home Buyer
Hello BP Community,This is my first post, so be gentle. My question is one of general strategy. Given the following choices which do you think is the smarter option for a 1st time home owner with REI aspirations.Opt...
Nathan McQueen
1031 Questions - Raleigh, NC
Hi BPers,I have an investment property in Raleigh, NC (that used to be my primary residence). It turned into an investment property when my job took me out of state, it was not initially purchased as an investment pro...
Alexander Jones
Using brother's HELOC to buy a property in cash, then DFE REFI
Hey all,I'm currently looking to purchase my first property OOS for 100-150k. The great deals that have been coming to me are getting swooped lightning fast, so I'm wondering if offering on all cash terms would help ...
Eric Peterson
Capital gains for a property rented just over 3 years
Can anyone tell me what happens if a home has been renting out for just over 3 years in terms of the capital gains exclusion. Do you lose the entire benefit or is there a sliding scale. Let's say you're trying to deci...
Steve Burke
Living trust, will, power of attorney?
I have two rental properties, one in Minnesota and one Alabama. I am currently living in Arkansas and about to close on a house which will be my primary residence. I want to make arrangements so my sister can take ca...
Ian Dunross
Multifamily Financing Plan
Hello everyone,Hope everyone is doing well this weekend! I'm looking at some 6 - 10 unit complexes that require a commercial loan. The loan officers don't mind if I use my own money for the 25% - 35% down payment , or...
Rebecca LeBrun
Teaming up with a real estate agent to find houses to fix & flip
Hi BP! I am new to real estate investing (meaning I currently have no deals under my belt) and I feel like I'm finally ready to get my feet wet. I read about people teaming up with a good agent to help them find deal...
George Bittar
ARV Not Working out on Flip...Flop is now in motion
Hey BP PROs!So here is my situation and welcome any input and suggestions. I have a condo that was a very quick rehab (mostly cosmetic in nature). One of the key features is that this unit had a garage. This makes it ...
Jonathan Kramer
Pre approved, offer accepted by owner. What's my next step?
I got pre approved before looking for a place, found a great place, she wanted 32 I offered 25 and we settled on 26. Home inspection is done, repairs are estimated at 2,000. Is my next step to tell loan officer I'm r...