I haven't posted for a while so I thought I'd start with a little "Win" story on a flip I did and pose a question at the end (not a huge win but everyone likes to hear about a project go well right?).
Bought a place...
You just got a motivated seller on the phone... He invites you to come down and make him an offer.
You drive up check out the place and inspect it for a potential money maker.
What are you looking for to ...
Hello BP!I have a general question about building single family. Theoretically, as long as one is buying in an appreciating area, would the after-build value of a new build single family generally be higher than cost ...
When analyzing out of state deals on MLS or Zillow, how do you estimate your rehab cost? Is it based off the photos or virtual tour available online? What if little to no photos? According to some BP posts/webinars...
So lets say i get a deal that costs 200,000 but i got it for 180,000 under contract right?Then i do my due diligence. And i pay 2,000 for an inspection. And i find out there were 15,000 in repairs. So it means my real...
hOW DO YOU CALCULATE A HARD MONEY LOAN USING A CALCULATOR? iN OTHER WORDS CAN SOMEONE GIVE AN EXAMPLE OF A SITUATION THAT THEY NEEDED HARD MONEY AND SHOW US THE MATH. THANKS IN ADVANCE.
Hi BP members,
I'm looking for advice whether or not I should buy points from my lender. I have an option to refinance at 3.875% at 0 costs or I could save $189 at 3.125% at $12.5K cost. It would take 5.5 years to ma...
Hello BP, I'm looking at getting a piece of land under contract and I'm working on figuring out what it will cost to get utilities and etc to where the house (SFR) will be built. I have costs for water and gas (if i e...
Hello everybody,
So shopping for a mortgage after getting an accepted offer i find out that we have to pay mortgage points on top of the closing cost when getting a mortgage. Is there a way to bypassing that?
I am soliciting proposals from general contractors for extensive rehab work on a rental property. What should I expect these proposals to look like?I asked GCs to provide cost broken down by individual project (e.g., ...