I love real estate and my team has been serving our community for several years now and we love every minute of it. If you are looking for help identifying investment properties or simply need someone to guide you Ang...

We never made an offer - a family friend approached us looking for help because they know we are investors.

Hi everyone, My wife and I are looking to start in the real estate investment game. Currently, we own a residential property in Woburn Massachusetts that we use as our primary residence. I work as a software engineer ...

BP is an excellent resource for learning about real estate investing and connecting with like-minded individuals.

Treated pine is more budget-friendly and offers good durability due to chemical treatments, although it will not look as nice in my opinion.

Could you subdivide it into lots and sell the lots individually for more money?

I would like to have a good idea of the value of the mobile homes should I desire at some point to sell them off individually and then sell the land. 

I changed a light switch for a friend and house still had old wiring, so expect old wiring & plumbing. 

I agree with Bruce that GC can often get better prices than an individual, however, if you are doing multiple deals you will be able to get great prices as well.

I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23DSCR lenders generally let you vest either individually or as an LLC.