Daniel Scruggs
Are sprinkler systems required for converted duplex?
Hi BP Family, I'm currently working on a project in Philadelphia and in process of getting drawings on converting a single family into a duplex (RM-1) and having trouble getting clarification on sprinkler systems and ...
Jeremy Britt
Incentivizing my Contractor/Acceptable % of project
I will be using my wife's uncle to handle the "skilled labor" portion of my BRRR project. My concern is: he tends to be a little pricy in his quotes, however, the work he performs is top-notch, and he's always bring...
Mike Schorah
How many banks did you call before you got a cash out refi?
How many banks did you call before you were able to get one that would do a cash out refinance on your BRRRR? I don’t understand why some people have such a difficult time finding bankers to do a cash out refinance. S...
Alyssa McEwan
Looking for some advice on how to construct an offer on land!
Hello BP World We have a lady that owns some land across my parent's street in a very hot market area. My dad has been taking care of the property for 15+ years and had offered interest on buying it when she is ready....
Laramie Allen
Not so good luck with Hard Money Lenders
I'm on the hunt for a hard money lender in small rural area outside of Tyler, Tx. Most lenders want to stay with Dallas or larger metroplex areas. I get it and understand it to a degree. There are tons of hidden gems ...
Rodrigo Pacheco
Due Diligence Process
I was able to find a home around my area and wanted to get an idea of how to do due diligence for the house before proceeding forward. What are some of the steps/formats I should follow when doing so?
Henry Pena
How to determine which state or area is best?
Hi everyone, I currently own a property that I am looking to pull a heloc on. I would like to use the heloc to invest out of state but, I am having trouble determining what area/state is best for me. I am looking to p...
John Dunbar
Seller Finance interest terms
Quick legal question. I was negotiating an owner finance deal today, and seller stated that he was advised that he is unable to give a 0% interest on the finance terms unless it was to "a family member". Is there any ...
Jennifer Crossland
Real Estate Agent and REI/Wholesaler at the same time?
Hey BP fam!I’m stuck between a rock and a hard place. I’m currently in Georgia. I have better knowledge on wholesaling so now I want to partake. But I read the contract at my soon to be broker… again… and not so much....
Lior Golan
What’s this thing of asking 50% down
Hi,I am keeping to meet contractors/service companies that asks 50% down before even start the job!!!I am trying to understand why??Now I understand sometimes that in big projects they can ask for 10-15% down to gathe...