Hey BP family! I'm a newbie in Miami, FL trying to learn the wholesale side of investing. I've been searching properties on the property appraiser website and noticing that some properties don't show up when putting i...
I need to dispute an appraisal for which the appraiser pulled rents from MLS from as far back as two years. He said he is willing to adjust if I can find Actual rents that are more in line with the current market. Doe...
OK, so say I get an FHA 203K streamlined or Home Path Renovation Loan with seller's assistance for closing costs. Am I missing any potential upfront costs that I need cash for? And are there are any other must ha...
I plan to build a custom house here pretty soon and I know I can build for a substantial discount due to my father in law being the builder. I’m almost quite sure I’ll have a big chunk of equity when the house is done...
So I have a couple of leads where the owners are deceased and they had a reverse mortgage. The amount of the reverse mortgage is WAY over what the property is worth. The families want nothing to do with the property. ...
Does anyone have any experience raising a home in Galveston or the added value? I am trying to figure out what kind of return I would get on an appraisal value. I have ran the numbers for the cost of raising compare...
Hello, I’m curious on how quickly a closing deal can happen and how exactly that can be done. Whether its by “for sale by owners“ (FSBO) or agents. I’ve heard of many closing as little as 10 days vs 30+ days. Any feed...
We are in the planning phase of our first duplex unit (1st overall). When it comes to appraisals, what are you opinions/ experiences using cheaper but nice looking alternatives like roll on counter tops vs actual gran...
MULTI-UNIT, property has good cashflow, balance of 174K on building, appraised 4 months ago at 255K. Is there a way to get 40-50K out of the house to purchase a second property? I know a HELOC might not do much for wh...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Drexel Hill.
Purchase price: $120,000
Cash invested: $20,000
One of those great complex multi deals that I've ran into all...