We're getting ready to refinance this deal.Lender is getting their $250K plus interest (no monthly payments).We're borrowing $300K (cash received at closing $50K minus closing costs).Cost to build was around $260K.Cos...

Even if the land was free, its next to impossible to build a 2,000 SF structure including design fees, carrying costs and construction costs for $240K where I invest in Philadelphia.

My suggestions for anyone reading this….Before signing a rehab contract: get at least 3 bids, check that each includes detailed line items (materials + labor + markup).Set up the draw schedule: only release payment after verifying completed milestone.Have a worst-case scenario worked out: what if rehab takes 2× time, what if lease-up is slower, what if refinance drops?

The structure and layout made it ideal for a modern update that would appeal to buyers seeking a fully finished, move-in ready home.How did you find this deal and how did you negotiate it?

I'm finishing up an MBA in Data Analytics at Clemson and hold a bachelor’s degree in Industrial Engineering.I'm preparing to co-found an LLC with a fellow Army Captain as a 50/50 partnership focused on long-term rentals and BRRRR projects, or potential flips depending on cash flow.

Many lenders, including ourselves, will take your past projects into account when offering you better loan terms.If you have a proven track record, we can help you secure even more favorable terms on your next flip.

Hi ~ when running numbers on small multi families ( considering to buy ) ~ often utilities costs are missing from listing, and seller is often not at showing ~ agents don't know and don't seem interested in finding ou...

Improvements included new flooring, upgraded kitchen and bathrooms, modern finishes, and enhanced curb appeal.

Paid, the most actionable walkthroughs I’ve seen are from Bryan/Anita at RJM or Project Management courses that include scopes, schedules, and draw management; if you buy anything, make sure it includes a printable sequence like demo → structural/rough‑ins → inspections → insulation/drywall → finishes → punch.

My recommendation (short version)✔️ Keep the tenant if they comply❌ Non-renew if the smoking continues✔️ Use a formal notice now✔️ Add inspections and fines to the lease at renewal✔️ Start odor sealing in your unit (Kilz, caulk, block off gaps)This keeps your good tenant, protects your property, and stops the problem from creeping into your newly finished space.