Marcela Correa
Help with determining ARV in Washington, DC
Dear BPers,Our third project has been on the market for 70+ days and hasn't sold. DC is a pretty hot market so this is a bad sign. (...Don't want to get into a discussion of that deal on this post though.)As a result,...
Chelsea Mastin
Turning a SFH into a duplex- estimating cost
I hate to ask for help, but am having one heck of a time figuring out an estimated cost for renovation on a property I will be closing on at the end of the month. It's 1,344 finished single family manufactured house b...
Bryan M.
Buyer Not Preforming
Hello. I've been through hell and back with my latest flip. Purchased it a year ago and went through a major renovation (added 2 bedrooms and a completely new bath for example). Come to the end of the project 2 days a...
Chi Ta
How are people doing rehab right when they buy?
Sorry in advanced if I sound like I have no idea what I'm talking about, it's because I have no idea when it comes to rehabs.I just bought 2 investment properties in orange county california. Both SFR. My architect is...
Monica Ponton
5plex seems great, but terrified!
I have found a 5plex about 2 and a half hours away from me. It looks to be in amazing condition with little need for renovation. I do believe I could add value with very light cosmetic upgrades and a central HVAC syst...
Lauren Griffin
Best multifamily Loan options for a 48 unit complex
I currently have a 48 unit complex under contract and will be closing the first of July. I have explored a few different loan options for this type of project. Wanted to see if anyone had any suggestions I haven’t che...
Collin Chan
Corona Virus and Construction Costs
Interesting thought came to mind. Lots of contractors are paid by the hour or jobs. The overall economy is slowing down. I know there is still a need for housing the Bay Area so this might not be affected but any t...
Brandon Ropp
My First BRRRR - Newark Delaware
Investment Info:
Single-family residence other investment in Newark.
Purchase price: $155,000
Cash invested: $220,000
Purchased this distressed home right outside of University of Delaware and renova...
Fady Riad
Help Analyzing a Deal
Hi guys, can you help me vet this deal? Newbie here making my first offer.
Property is a 3Br/1.5Ba is a B class area. School system isn’t good but close to some big employers (hospitals) as well as a few areas with a...
Rick Baker
Home path
I was wondering if I could get some feed back from some of you about the Fannie Mae home path renovation loans. Have any of you used it? Is it a smooth process? Do they have to approve all of the work and who decides ...