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I've agreed to terms to buy a six unit MF property in Rhode Island. My realtor is suggesting we get a lawyer to draft up the P&S. I'm fine with it but is this common for that type of property?
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I would like to purchase land in Southern California to buildMultiple units.Where do I begin? What kind of loan will I need. I can get the 20% down from my 401K.I know there would have to be construction loans. I am n...
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We're in the process of growing our portfolio over the next few years. We just closed on a 3/1 SFR and in escrow on a fourplex. We already refinanced (BRRRR) a 3/1 SFR earlier this year. We use a small community bank ...
My dad and uncle recently inherited 4 adjacent plots of land, 1 of which has a house on it. I'm planning to purchase it all from them as a solution to their worries on what to do with it and an opportunity for me to t...
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Hello,
I am seeking some advice/counsel for analyzing a deal that could involve the purchase of 4-6 duplexes, including one that has severe fire damage and deemed a total loss by the insurance co. Although I'm a lit...
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Hey Fellow BP Fans,I've had an opportunity arise in which I may be able to purchase a set of three 4plexes in a bundle. The seller isn't interested in any sort of wrap or seller finance so I would like to purchase th...
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Will a bank finance the purchase of a portfolio of 3 or more homes? If not, what is the best way to finance the purchase of a portfolio of multiple homes?
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Scenario:10 Properties, 14 units in a great area across the country from me. Assuming 50% expenses, etc. debt coverage is above 2 using 5% 30 yr. I am an investor in non real estate/ hands off real estate assets and w...
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Hello BP! I'm interested in purchasing a property with multiple heirs. Currently, 44 heirs have been located and have agreed to sell their portion, BUT there are a few heirs that no one has been able to get in contact...
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Hi everyone,Have any of you had experience, positive or negative, with purchasing investment homes in a group? Was it difficult to get financing? EtcAny advice, tips would be helpful before going on this possible vent...