Jacob Rogers
Should I hire a project manager?
Hello friends!I have a Duplex I paid 30k for, cash, a couple years ago. One side was move in ready, the other needed to be ripped down to the studs. Ive been chipping at it myself for 2 years now but it’s taking me f...
Aubrey H.
How to finance new construction?
We are looking at developing a city block into several MF units (per city codes). We are looking at way as to finance this new project. What have you found as the best financing for new construction of investment prop...
Mark McQuiston
Closing Costs and PMI
Hey gang!With the most recent offers I've made, I have the capital to make a down payment of 20% of the purchase price. Not a whole lot of wiggle room though - depending on what it exactly it comes out to, I may not b...
Jonathan Schell
Closing this month. First rental property. Norristown, PA
After five long months of inspection after inspection, signature after signature... I'm scheduled to close on my first investment property. I have a few questions.1) I wanted to close (sign the paperwork, specifically...
Michael Noto
Running Diary of a 4-Family Rehab in Central Connecticut
My business partner and I are closing a 4-family rehab property tomorrow in Central Connecticut. I will be using this thread to post what we go through on a daily basis. As soon as I can I will get some before pictu...
Sean Fisher
evaluating a apartment building deal
Should I only use net income when determining the value of a apartment complex? The seller had an appraisal done. After looking over the appraisal they used "reconstructed income approach". They used potential rents...
Nolan M.
Financing a home with a bomb shelter?
I'm working on a flip that has a bomb shelter. The entrance is in the corner of the house and is a manhole style with ladder rungs going down about 10 feet and the actual shelter is about 100 sqft. My agent has been c...
Scott McMillan
Seasoning on live in fixer upper
Hi all,
I'm considering purchasing a condo with cash to live in temporarily while at the same fixing it up. I know if I was planning on renting it out most lenders would then require a seasoning period before I could...
Greg Stetz
...And the most accurate ARV goes to...
If there was a contest to calculate the ARV on a property most accurately (selling for retail) out of a group of investors and the prize was $1 million cash... how would ensure you would win the contest?
Andre' Arceneaux
Buying completed BRRRR property - value determination (??)
I am looking at a rehabbed property that was recently completed. The value I believe is overstated (of course) .. I'd like to look further and get under contract .. yet it hasn't been appraised, either, just realtor'...