Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
Followed Discussions Followed Categories Followed People Followed Locations
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Chris Smith

Chris Smith has started 1 posts and replied 3 times.

@Account Closed Thank you! 

Unsure of DC prices but in Washington State you are looking at 2-3$ / SF, not including underground (you can typically tap off the domestic line for smaller projects). That may be high as well without seeing a floor plan.

I did not see it was a reno- you are looking at higher prices for that. It would be best to consult with a sprinkler contractor in your area. These can run much much higher

In June I purchased my first property. 2000 sq ft dumpster home on just shy of an acre.  The home is zoned R-10 but there were two parcels combined for tax purposes back in the 80's. The county has said they can be split back for a filing fee because they were grandfathered in.

Question is, once I get to the last R in the BRRRR strategy. Is there a way to get this second, now vacant, lot off of the loan so I can own it free an clear?

My mortgage says I cannot sub-divide the property and sell pieces of it, but is there a way to do this when refinancing?

If anybody has info or could point me in the right direction that would be great!

Thanks,