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28 January 2025 | 8 replies
Would be curios if folks have also just included the cost of utilities at this price and left it unpermitted.
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8 January 2025 | 7 replies
I purchased the property from the Shelby County Land bank.
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12 January 2025 | 3 replies
Meet with a local banker & schedule a time to talk with a mortgage broker, they'll give you at least a baseline of what kind of down payment options and rates are out there.After that, if you're still wanting to research more creative options, do some looking into seller financing (a very hot topic with good, and bad, advice out there), look into private lenders, and commercial financing options.If you're wanting to live in 1/4 of your quadplex, then conventional residential loans may in fact be your best option as you can purchase that with a fannie/freddy loan with very low down, and use up to 75% of the income from the property toward your own income.
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13 February 2025 | 22 replies
I'd say if you are looking for commercial real estate wherein the purchase bought the property in a corporation then PS is not the best place for lead generation and skip tracing.
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14 February 2025 | 37 replies
Dear BP community, I am currently evaluating a property for purchase, and the listed bedroom/bathroom (s) count does not match with the county records.
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29 January 2025 | 5 replies
Gain is your net sales price minus your adjusted cost basis (purchase price plus capital improvements minus depreciation).
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6 February 2025 | 7 replies
I partnered with him and purchased my first property here in Columbus, OH.
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24 February 2025 | 11 replies
You want to be careful not to bite off too much on a first purchase so maybe if more four units or less or available that could be a better starting point with less risk and more ability to learn without potential loss.
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17 February 2025 | 9 replies
No fees, no minimums, been very happy with them.Unfortunately the note I own is still paying out to my custodian (did checkbook after note purchase) so the money does sit idle.
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9 February 2025 | 3 replies
Quote from @Brandon Le: Your first purchase could/should be a house hack.