Hey BP Community, Looking for some candid feedback from seasoned Texas investors and anyone operating in the Fort Hood / Killeen / Copperas Cove market. Property Overview: Type: Single-Family Residence (4 Bed / 2 Bath, 1,827 sq ft) in Copperas Cove, TX Purchased: July 2024 Financing: VA Loan...
Anyone get the deal analysis newsletter from The Offer Sheet? Curious to know if it’s any good, worth the subscription, any insight? Thanks!
Hello BiggerPockets Community, I am putting the final touches on a residential condo unit located in Washington, D.C. to prepare it for mid-term rentals targeted at traveling professionals (listed via Furnished Finder). I am seeking a private investor for a $3,500 short-term micro-loan to cover f...
Seeking Feedback: Would You Pursue This $1.4M Alabama Pecan Orchard Acquisition? I am currently evaluating the acquisition of a 115-acre pecan orchard in Russell County, Alabama consisting of approximately 2,863 trees, irrigation infrastructure, processing facilities, equipment, retail space, a p...
View report *This link comes directly from our calculators, based on information input by the member who posted. This is a house hack in upstate NY in Schenectady county using my VA I’m only putting around $5000 towards closing costs I think it seems like a good deal considering after a year it w...
Hello BP community, I have about 5 rental properties and do a mix of LTR/MTR. I have been interested in doing a BRRR so this would be my first time doing so. I'd be using a bridge loan to fund this project and it will cost me about 70K out of pocket (this includes 15% DP, CC, and bridge loan mont...
Good morning, Does anybody know of a free fix and flip calculator that my property acquisition team can use? I am in the process of switching from Prop stream to Data Swift for lead generation if anybody has any insight. Thank you!
For investors who regularly use private money, what loan terms have worked best for you? I’m curious to hear from investors who have used private lending for fix-and-flips, rentals, acquisitions, or other real estate projects. What interest rates, points, loan-to-value or loan-to-cost percentages...
Investment Info: Large multi-family (5+ units) buy & hold investment. Purchase price: $31,950,000 Cash invested: $6,900,000 Memphis Passive currently owns and manages a portfolio of 213 rental units throughout the Memphis market. The entire portfolio is occupied by tenants participating in Memphi...
I screen listings against a hard money purchase test, and I had been doing it wrong. The usual sizing is ARV times advance rate, minus repairs, and whatever is left is the most you can pay for the house. Then the borrower brings the closing costs. That gets called zero down. It is not zero out of...
Noticing probate seems to take longer to close than other off-market types, but the margins can be better. Anyone else seeing that pattern, or is it market-dependent?
Investment Info: Single-family residence wholesale investment. Purchase price: $210,000 Rehab: $89,975 Sale price: $415,000 Contributors: Peter Vekselman Partner Driven partnered with Scott and Brittney Sciandra on a fix-and-flip transaction in Stevensville, Maryland. The property on Utah Rd was ...
Hi all! Could use some analysis and financing advice. Looking to buy a historic duplex listed at $470k, 2768 sq feet total. It's in a Maryland beach town that has STR, MTR, and LTR needs. I want to purchase as a house hack - live in one side, rent out the other. I'm underwriting as an LTR ~$2200/...
Hello, new to this, first time posting, curious what everybody thinks about this investment: - 3 unit property in San Diego - current rents are 2400 +2400+1200 = 6000, sought after location, easy to rent - purchase price $800k - 1920's property, well-maintained/upgraded, no obvious initial work/r...
Investors ask me some version of this every week: "I offered more than the wholesaler and still lost the house." Usually the seller wasn't choosing a price. They were choosing certainty. A wholesaler's offer is short and loose: as-is, no financing contingency, a quick close, and a move-out date t...
Investment Info: Single-family residence fix & flip investment. Purchase price: $215,000 Cash invested: $6,000 Sale price: $260,000 Wrapped a fix-and-flip with a partner in five months, but a tough lesson learned as a newbie. We went over budget due to foundation issues. Even though we planned fo...
Investment Info: Single-family residence fix & flip investment. Purchase price: $28,000 Rehab: $43,323 Sale price: $117,000 Contributors: Peter Vekselman Partner Driven partnered with BJ & Traci Medlen on a fix & flip in Newburg, Missouri. The property required significant work but presented a cl...
I have been running the numbers on some deals, mostly 2-4 unit properties, and I am finding that nothing on the MLS is even coming close to cash flowing at the list price. I am sure part of it is just how the market is, but I want to check to see if the numbers I am using are right in the first p...
For those who have experience investing in mortgage notes, what are the most important things you look at before purchasing a note? I’m especially interested in how you evaluate the borrower’s payment history, property value, remaining balance, interest rate, and overall risk. For performing and ...
I've been thinking about how different investors underwrite the same property, and I'm curious how others approach this. Let's say you find a property that looks interesting at first glance. Depending on the numbers, it could potentially work as: Flip BRRRR Long-term rental Do you usually underwr...
View report *This link comes directly from our calculators, based on information input by the member who posted. I would plan to house hack this duplex for one year and then move out and convert to long term rental. I understand the cash flow and cash on cash returns aren’t very high at first on ...
A property can look like a great deal on paper and still turn into a headache. You buy below market value. The ARV looks strong. The rehab budget seems reasonable. The projected profit looks attractive. Then the project starts. Materials cost more than expected. A contractor finds additional work...
Looking to connect with other investors who have participated in Swell Real Estate Group / Aloha Capital offerings, particularly those invested in participation notes or "protected" note structures. I recently received an update regarding a Colorado commercial real estate loan that may result in ...
Ran into this one today in Huntington, WV: a $28,000 fixer listed at 1.07 acres, but Redfin's public-record section shows 4,648 sq ft. That's a 10x discrepancy on the lot — before you even get to rehab costs. I broke down this deal plus 5 more Huntington-area plays (two foreclosure auctions, one ...
So I purchased a double lot just outside of Abilene Texas. Which has a data center being built and after that a solar/energy farm going in. Abilene itself has been a growing market but since the data center started its construction five months ago I have been getting constant offers to purchase m...