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Dear my fellow BiggerPockets, I purchased a rental house 2 years ago, and it was built in 2007. It has required fair amount of repairs and maintenance cost to me, resulting in reducing my monthly cash flow significant...
I've found a property for 60k that needs @10k in rehab. The ARV should be @95k. If I try to flip this in less than six months will conventional lenders write a mortgage for the new buyer or does the seasoning rule not...
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Could someone tell me or point me in the right direction on how you come up with the number you offer the seller for the property?
If a property is worth 150,000 after 30,000 in repairs, is that how you find ...
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Hey everyone. I will be using a HELOC to fund the purchase and repairs of a distressed property. I am planning on using the BRRRR method. Based on what I have learned, you never want to go over 70% of what you esti...
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I've replaced the flapper with a Korky flapper, took sandpaper and sanded around the hole. I got out some large chunks of lime. Yet, I'm still having issues with the toilet running. What else can I try, other than rep...
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Looking at a 1950 4/2 bungalow REO. Realtor tells me there's an "unholy smell" like he's never experienced inside the house. They believe the main sewer pipe may have cracked inside the crawl. I also notice from the...
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Greetings All,I received a business loan years ago to get an investment property for 86K. This property is in need of lots of repair. I have had offers from buyers for 30K & 35K. I am thinking of considering of...
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We are making an offer on a house. The house was listed as an REO for 79k and we made an offer after reviewing it of 35,200. The ARV would be around 120k. Prior to making this we reviewed the house and noticed it h...
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200k Better value for your money ?A-2x 100k homes in- A/B class neighborhoods=$200kvs B-4x 50k homes in C/D neighborhoods=$200k Lets pretend the rents are close (or the same)What is the smarter move? A gives you bett...