While doing search for investment property, I guess I went too far and decided to convert my own (current) home into rental and bought an old property which needs to be torn down and built from scratch. It may not be ...
Running into my first low appraisal and need a bridge loan until I can stabilize the property, bank knows that once its stabilized we will get the high appraisal we need. The appraiser went with sales data instead of ...
Hello,I'm looking to do my first BRRR deal, but I'm not quite sure it's technically a BRRR. It's a gutted house- $100,000 and I would get a new construction loan, put $25,000 (of my Dad's money) down on the loan. R...
We are generating about 1.5 flips a month pretty regularly. I am always looking for ways to cut cost and one of those ways is in the labor paid to contractors by hiring someone with the knowledge and experience to do...
The new Rental Property Calculator on Bigger Pockets is a very stripped down version of the old calculator... anyone else not liking it? Missing lots of graphs, analysis, etc. Is this a permanent thing?
Looking for some input on this deal I'm looking at in Central LA. We've been saving a while to be able to invest in a new construction multi-family. Plan is to house hack for 2-3 years and then rent for full rents. ...
Hello BP community,
My partners and I have a BRRRR property we are ready to sell to start to scale our business. Here are the figures:
$40k purchase
$41k renovation
$141k (Sept 2019) appraisal
$105k cash out mo...
Hi Everyone! My name is Elizabeth and I am a newbie to real estate. I have been reading up on different real estate investment strategies, listened to many BP podcast episodes, and now I am at the point where I want t...
So I’m watching money literally be DUMPED into Philly. A triplex I went to see last month has star-bolts through the face of it to prevent more structural issues, and the back of the property is MISSING... just sold f...
I got my first hard money loan this past week for a property and the costs are adding up quick! Does anyone have a great spreadsheet or tracker to keep up with all tertiary hard money costs (origination fees, draw adm...