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Hello everyone,I'd like your opinions on this one, accountant or non-accountant.I am about to purchase a stalled construction site. The seller, let's call him Bob, previously received a $100,000 loan from his friend, ...
Hello BP members,Thanks in advance for reading this post. I am writing this to seek support, advise and referral.I am a private lender and loaned hard money to a flipper with a signed promissory note secured by deed ...
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When determining the repair value for flipping rental properties, there are several factors to consider:
The scope of work: The first step is to assess the property and determine what repairs are necessary to make it...
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Hi everyone!I just got started with BP and am trying to practice analyzing deals when I find listings. I know these expenses definitely vary depending on specific situations, housing types, location etc, but would any...
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Does section 8 housing inflate the rental price tools on BP or rentometer?I purchased my first long term long distance rental last year in a solid B neighborhood in Memphis with a tenant in place. The lease is up the ...
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Hi BPM, I am an OOS Investor looking for my first deal and a good reliable trustworthy GC in the Toledo, OH area. If you are in the area and have any good connections that you have worked or are currently working with...
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Hi I'm wondering how getting a loan for a piece of land with a manufactured/mobile type home on it as a residence is considered as far as going through a lending institution? Any advice would be greatly appreciated!
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Just doing some researching about a lending company called Aloha Capital? I’m interested in doing a Refi & purchase a multi family with them. They seem like great people but its mandatory that I check for referen...
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Investment Info:Single-family residence fix & flip investment.
Purchase price: $123,000 Cash invested: $20,000 Sale price: $193,000We acquired this property for 123,000 in December 2018. There was light...
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So I have a two flat, but it has common stairways and a laundry room. Will ComEd add a meter that I can have an electrician just wire to those areas even if it doesn't directly correspond to a unit? We'd be looking at...