Henry Omenai
Property under contract
After I had the house under contract, I met with my contractor a week later at the property for a repair estimate. While we were there, a group of people arrived, I assume another agent, and three different contractor...
Rom Smith-McCloud
New Investor Struggling to Find Deals in NJ Multi-Family
Hey BP Community, first time investor looking for some guidance here. My brother and I have been looking at multi-family units in the North Jersey area for the past few months (about 25 properties). We plan on living ...
Tyson Hosey
What do smaller banks look for to refi?
Hey BP, I'm under contract on a property (sub30 club woot woot). I'm securing the property with conventional financing with myself and my wife on the loan and title. I'm aware of the hassle/risk of transferring ...
Eric Hulstrand
Farm land vs. Rental apartments
Hey All,I have kind of a unique question.I recently inherited, free and clear, 90 acres of great farm land. I also currently own 20 units of apartments (12 unit and 2x4-plexes). I am quite in debt on my rental real e...
Dani Montgomery
Negotiation advice.
We are looking into buying our first investment property. It is listed for $60.3k with an ARV of $108-110k. We are estimating it will need about $20-25k repairs. I'd love to get it for less than $50k. Bank owned. It h...
Kevin Coleman
Quitclaim deed to warranty deed
I bought 13 home lots in a neighborhood from Liberty county TX and received a quitclaim deed. The county held these lots for 5 years unable to sell for the full amount of back taxes. They accepted a highly reduced bid...
Connor McGinnis
Tips on finding good deals on appliances?
I am in the closing process of buying my first duplex. Both sides need new appliances including washer and dryer. Any tips on finding a good deal on appliances? I hear that buying slightly used is the way to go. I hav...
Account Closed
Commercial Loan Underwriting Problem
How does commercial underwrites calculate DSCR with no direct way to verify NOI? I want to purchase an off-market, single tenant, and vacant bank building but there is no rent roll. It was originally built by the ban...
George Bronson
Recommendations for 5-30 Day TF/Bridge Lenders on an HML Refi?
Looking for recommendations of companies to temp fund a Hard Money Refi SFR. I need it paid off by 12/1/17 or I get a massive fee. Hard Money is moving forward on refi, but Title may take too long on their side. Hard ...
Aaron Parry
New Bedford or Worcester
I am new to investing and am looking to hit the ground running. I would like to find either a flip or BRRRR property nearby as my first (although I know BP teaches that this may not necessarily be the best strategy) a...