Jeremy Fields
Finding money for major renovation flip
I have come across several potentially profitable flips and can either get a loan from the bank or have the seller finance the purchase however cannot find a way to get the money for the renovations? Hard money lender...
Christian Chaffe
Beginners advice!
Hi everyone!I have recently found the BP community and the wealth of information on here is incredible. It has been a huge help with my planning and has really given me the push to begin my REI business, so I just wan...
David Taylor
best strategy for cash flow or flipping properties? finance or buy cash?
Hi everyone i have been reading here for a long time, thank you for this forum. if i buy a house all cash that needs repairs and is not mortgageable i should be able to get it at a lower price point and then if i do ...
Derek Carroll
Starting Rehab before closing on purchase
Anyone ever start rehab prior to closing? I'm looking to do this on a HUD home I'm buying and I'd like to hear anyone's experience with doing so.
Tim Kimball
Strategy for acquisition in current market
I was watching the "90-day challenge" webinar and David was saying that it's not necessary to "buy the dip". I understand the rationale for this. But, how do you deal with the potential for the equity in the property ...
Account Closed
Cash Flow Question; Money set aside for vacancy, repairs, cap ex
From what I have gathered, if a potential investment doesn’t cash flow with 5% vacancy, repairs and cap ex then it should be a hard pass. We are looking at a property that MIGHT cash flow $50/month but I am also allot...
Christian Canavarro
Switching Mid-Lease to Accepting Section 8
Hi BP Friends,I have a tenant in PA that reached out to me a few months into her new lease asking me to pursue the process of accepting Section 8 vouchers. After completing the paperwork with the county HUD, the agent...
Jon Mizuno
Assisted Living Facility, Nursing Home, Care homes
Hi, I have a property in Hawaii that was previously a care home/assisted living facility/nursing home and was built as such, complying with local codes. As momentum starts picking up in this category of property, I h...
Pete Harper
Liability Insurance Question
I'm looking for advice on liability insurance coverage. I've posed the same to my insurance broker, seeking a second opinion. I currently own a duplex. I first purchase the property in my own name and signed for th...
Axel Norvell
Underground oil tank on Houston property
Hi all,Has anyone here dealt with an oil tank on a property they purchased in the Houston area? I'm about to go under contract to purchase a SFH with an extra lot that happens to have an old oil/gas tank underground.I...