A friend of mine has a 41 unit apt building in Tampa FL. 21 one bedroom and 20 two bedrooms. Was recently in foreclosure. It is currently 50% occupied and some of the units need work. He told me he owes $1,350,000...

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Here is my situation:

In 2009 I bought a hurricane damaged house and rebuilt it. It has been a vacation rental since. I put the house on the market Monday so I can free up some money to reinvest.

In May of 2012 I p...

After doing some research on real estate financing, I've come across inconsistent information regarding the longest hard money or private lenders will do loans for. Therefore my question is this, what are average y...

Is simply applying the 50% rule running the numbers? In other words, can I simply calculate what my P&I will be and as long as it's 50% or less of the expected rent, then the deal has potential? Can this replace...

I'm in the Army and we've always been renters, so we decided that our next move would mark the beginning of our goal to collect properties to live in prior to renting out.  Well, leave it to Uncle Sam to start our rea...

I have been noticing interest rates continuing to drop and have seen them hit 2.5-2.75% recently. As a 26 year old, I have been aggressively putting money into my 401k for retirement and paying off student loan debt. ...

In a prior discussion, a number of BP members recommended that I start with a FHA loan. I plan to purchase a duplex or quad in the coming year, and originally thought to save 20% for a down payment. But a good deal of...

I got this deal on my lap and it has 176 units in Atlanta (Decatur) 95% occupied.  According to the P&L it gets around $993k on rent with about  $375k on expenses.   The buyers broker wants 4% commission pay by th...

I'm new here, have zero deals... well I kinda have had two but not under the aspect of wanting to do this for income.  I got divorced in 2014 gave my ex the house but if she sold it I got half the profit, if she kept ...