Mark James II
Suggestions for denied due to being labeled "uninhabitable"
I am in the process of purchasing a house to “live in flip” that I just found out is “uninhabitable” according to the appraiser that the lender sent for the inspection. I knew the house needed work at the time and ex...
Hendrix P.
What to expect after Closing???
I am in the process of purchasing my first investment property. I just got my commitment letter today and they are working on settlement. The property is currently occupied and the tenant is on a month to month lease....
Steve K
Smaller investors in the note game?
Hi all,
Kicking around a sort of hypothetical situation in my head and trying to come up with what the best way to structure some deals would be. Let’s say you had access to some asset managers for CMBS products who...
Paul Brouwers
Flip Advice as far as Taxes
This is a bit long winded, stick with me.
My wife and I have live in flipped 2 houses, doing most the work ourselves over the past 10 years. Takes forever, lots of learning, have made great money. 2 years ago we ...
Suraj Guptha
Want to meet STR folks that want to create unique experiences
I want to network with other people on here that want to create unique STR experiences. Think a tree house, a lake house, a barn, etc. I am more intent on creating the unique experience and feel creating the unique ex...
Luke G.
175k of Equity Created, Modified BRRRR STR into a LOC
Investment Info:
4400 square foot cabin on Lake Superior overlooking the western Apostle Islands
Purchase price: $325,000Cash invested: $60,000Post-Renovation Appraisal: $495,000Post-Renovation LOC: $154,500
My wi...
Mark Kelley
Diligence questions when evaluating commercial investment
Hi all, thanks for considering the below questions and providing your thoughts.I've been involved in SFH investing, and recently have started looking towards investment in other people's multi-family development proje...
Stephen C Gates
Unwelcome guest in basement of rental
Recently purchased a fully-rented four unit apartment building. Each unit has a storage room in the basement for tenant use. Last week I discovered one storage room being used as a bedroom by a friend of the tenant. I...
Aaron Stoddard
House Hacking - 1st Home Conroe, TX
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $163,000
Cash invested: $15,000
House hacking this home, has two apartments built into the back of the house...
Marc Estepa
Mechanics to funding a live and flip and paying off the loans!
Hey BP fam! I am stalking a home we will be using as our primary residence that will need some updating. My initial plan was to get approved for an FHA 203K loan to fund the rehab costs and everything.After seeing t...