Over the last year I have come across several members looking to house hacking in the Grand Rapids area. If I kept better notes I would send you all a message directly, but since I did not, I wanted to post this on a...
Hi All,I apologize if this has been covered in another thread and, if so, appreciate if you could link to applicable existing threads (I did a search on here but was having trouble getting properly filtered results.) ...
Hey guys,I currently have found a decent deal in my opinion in which I'm looking at a 13.5% CAP rate. All in all the property mainly would need some paint and new laminate floors in coming months. It is a duplex that...
HiI bought a REO property using conventional financing. The appriasal came over the sale price but its still lower than the market value. This is not an issue for current purchase. But if Iam selling it, say within 2 ...
We are interested in creating cash flow. Niether of us like working for other people and we have both owned businesses. My main interests are how to purchase homes via low money or no money, and how to roll that equit...
Hello,I have several banks I work with to purchase single family, duplex, and quadplex deals. However for commercial the banks want either loans above $500K or they are asking for a 3 year balloon. The deal I am wor...
I am considering purchasing a property for $700k CASH that would appraise for $800k (being conservative).A few questions:1. How are the interest rates like for Delayed Financing? Are they a bit higher than conventio...
First property and I inherited a tenant in the upper. He has access to a washer/dryer set in the basement which is in OK condition. There was a spot for the lower's washer/dryer set too but the owner took it after ...
Dear fellow Bigger Pockets members,Finalizing a renovation of a 90 yr old apartment building. Feel most comfortable with a Cost + job with my GC as it allows me to get multiple bids for each line item and to review th...
I'm reading "Rental Property Investing" and Brandon mentions that you should "reinvest cash flow to have interest compound". Sorry in advance for a possible stupid question, however what is he suggesting to reinvest t...