Account Closed
$9k for closing costs??? Lender / Broker Questions
So I'm going through escrow right now and realized I'm pretty sure I'm overpaying for the closing costs. I'm being charged $9,071 and through research, it says that it's usually $3.5-7.5k. The house was $90k. Is this ...
Mary Healy
Choosing insurance coverage for Single Family Houses
Insurance ChoicesWhat things are important to you when choosing between two policies. Which of these policies would you choose and why?The property:Single family, two-story home with partially finished basement. 3 Bed...
Andre Brasser
How to accurately estimate hard money costs?
From reading BP articles and listening to BP podcasts, I’ve learned that hard money costs will be dependent on the project, not the individual’s income or credit score. Therefore, you won’t know how many points or wha...
David West
Is $50K in 90 Days Worth It?
Hi Everyone,
I'm analyzing deals to flip in Northern CA. My plan is to use the profits to build up enough revenue to invest in more rental properties.
I'm hoping someone with experience flipping in CA can weigh in ...
Keithq Rueter
General Contractor
Hello Everyone, this is my first post and I am very impressed with the knowledge and expertise of the BP members. I am a newbie in the DFW marketplace and need to secure a competent and trustworthy contractor that...
Gurleen B.
Better to offer less money or more money but ask for closing credit?
Hi all,
Looking at making a final offer on a property and wanted some input on two options I have in mind:Is it better to make an offer for $519,000
or
Is it better to make an offer for $544,000 (his counter-offer)...
Miles Stanley
First BRRRR deal - need advice
Haven't purchased yet, I'm about to go view the property soon (so rehab is estimated from pics), just wanted to share the prelim numbers so i can get some feedback. Let me know what you guys think!Purchase data:Askin...
David Kilgore
Financing Question for Fix-&-Flips- Atlanta Area
So can anyone help me out with this. Say I want to buy a property to fix and flip. I understand that with most HML that I would need about 10% down on purchase price. Now when it comes to the rehab cost how could I co...
Joe Jung
Delayed Financing Questions That Hasn't been Answered... Yet.
Hello Everyone,
I hoping to get a little bit of clarity on delayed financing. I currently have a HELOC on my primary and will those funds to pay cash on a home. Afterwards, I want to do delayed financing, but I hav...
Tavari Keel
Furnace vs Baseboard Heat? Central AC vs Window Units?
Hello,I currently have a 4plex in which I pay all heating and cooling costs, running about $300-350/mo by itself (two furnaces and two ACs). I'm thinking about converting to electric baseboard heaters and window ACs t...