Hello BP,So I own two 4plexes in St Louis, MO are and a townhome in Jacksonville, FL which is also rented out. My current insurance provider for the FL property has dropped my water damage coverage last year (no expla...
Hey all, I'm looking for some anecdotal information about full gut rehabs. At this point I only have experience in a live-in flip but am looking to branch into a full gut, to the studs, rehab on a duplex. Approx. 2500...
Hey seasoned investors. I am new to the real estate game. I am wondering how you all went about estimating the cost to fix up a home. Did you pay a contractor to teach you? Or what would someone with experience recomm...
Hi BP, I'm an investor from the Portland area. Over the past two years, I've completed two primary residence renovations using 203K loans, created one LTR, one MTR, and now I'm excited to expand into flipping.
I'm ...
Investment Info:
Single-family residence fix & flip investment in West Palm Bch.
Purchase price: $220,000
Cash invested: $150,000
House was completely gutted from inside. New plumbing, new electr...
When banks start restricting credit, they are not confident about people's ability to repay. That means the use of Lines of Credit, HELOCS and other lending for real estate investing will dry up too.
Wells Unexpected...
Hi BP!I am currently looking at a potential house in Marlborough, MA for my first flip opportunity! It is a house built back in 1890!!!. My question is the following:Can you guys check out a FLIP Calculator Analysis I...
Dear BP community,This will be my second investment property. I have two main questions 1) financing; 2) whether to leave the home an unofficial Duplex (it has Licensed Neighborhood Commercial zoning) or convert to a ...
Hello BP,I've never dealt with a situation like this before, so I could really use the expertise of the BP community. This is a lot of information and questions for one thread, so I'll try to break it up using bullet...
My wife and I are new to investing and looking for your advice. We have an appointment with the VP of a local bank on Monday. What sort of information should we take and what questions should we ask? We're interest...