Hey guys - I purchased a rental property two years ago and it recently developed a "slab leak" from a broken sewer pipe underneath the bathroom area of the home. Plumbing plus rehab service has quoted $35K end to end ...
Hey there, I'm new to bigger pockets, but not new to real estate investing. This is a great forum to discuss the creative side of acquiring property! If I make an offer to purchase a property subject to the existing...
here's the deal:
He owes 68k
He paid 65k in 2004
Current Market Value: $50-55k
ARV: $65k-70k
Repairs needed: $10k
I'm thinking of making my top offer with the lender $35k. That would leave me with a $20k profit, ...
I need some advice. I have been working with this lender for about a year now. I have not been able to fund a deal with them as of yet. Their criteria is very strict, and their money is very expensive (6.5 points, 1.5...
I’ve been doing much research and learning as possible for the past few months . I have saved a couple thousand so far but would do a lot better if I had a goal . Wonder what’s a good amount to save up before getting ...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $20,000
First rental property with the intent on BRRRRing. Considering utilizing Section 8 for this house and a few ot...
I am evaluating a struck off property (SFR) that has been gutted in Texas (TX has 2 yr redemption period). I know the chances are small (of redemption,) but just wondering after I rehab the property, if the previous ...
Hello Everyone,I have found a property and would love some guidance on how to make the deal work.The bank will not give me a loan since I am still a student but I have enough cash reserves for 20% downpayment and reha...
Hi All! Does anyone have any experience with using hard money lenders for the rehab projects? What are the pros and cons of doing so?
I recently completed my first flip. We purchased the property August 10th and close today (November 24th), creating a holding period of 3 months. We profited around $140 on this flip after closing costs. The selling p...