Does anyone have experience splitting a single family into a multi-family? What are the requirements for a water heater? Do you need 2 separate water heaters for the 2 units? Or can you use just one water heater for t...
I recently set up an LLC for RI. I am purchasing my first SFH on an 80/20 credit line that also covers the rehab. I’m hoping to brrr it out. I’m buying it for 70k and the banks internal appraisal was 98k. My lender wi...
Ive read books after books on real estate and mindset. Im ready to start investing i called the local investor in my area and told him i was a wholesaler he told me the type of homes he buys. I think i found a good de...
Hi BP,
I've been trying to line up a bank before I pull the trigger on a property to implement the BRRR method. I've literally called 25 to 30 banks and all of which have said no, cannot refinance under 6 months. I ha...
Good evening all, I am looking for a good contractor in the Richmond Virginia/Tri-cities region that could do a bathroom renovation, along with a few minor repairs. Any recommendations are greatly appreciated!
I have joined a real estate investment meetup group thinking I could get some information to fill in the holes of what I don’t know. But it seems like in order to get any information, I have to purchase their trainin...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $280,000
Cash invested: $70,000
Found a rat invested fixer on a corner lot. Got it updated. Have plans to keep buil...
Got this question from a friend:“If you bought a house built 25 years ago. The plumbing could be okay when you buy it, but in 15 years it all needs to be replaced and that’s a huge expense out of your pocket.”For all ...
I'm 22 I have wholesaled 1 property and currently, own a duplex. I have an 11 unit property under contract for 437k. 17% Cash on Cash ROI and that's with a 25k rehab budget that I believe will cut the overhead expens...
Hello all, I recently moved across the state and changed jobs from a salary to commission. I have found a 3 unit place that I would like to house hack but it's looking like getting financing is next to impossible with...