I have a scenario im deciding on right now. I am building a duplex out of pocket and I can either pull out all the equity whens its done ($190,000) on a conventional or pull out 96.5% of appraised value ($246,075) and...
Is an appraiser going to determine the value based on the commercial cap rate since it's "technically an apartment"? Or does he look at two residential dwellings, that just happen to be under the same loan, and go by...
Hi BP Friends,
I currently have a property under contract in Baltimore Maryland! I know it is very important to make sure you hire the right contractor.
What are the most important questions I should ask? Also wher...
Are cap rates as much a factor in valuations for smaller multifamily properties as they are for the larger commercial deals I'm used to seeing in the "day job"? I'm about to refi my first two duplex deals and I'm jus...
My brother and I are looking to move to Denver, Colorado within the next 5 months. We are currently both located in Chicago, IL (Wicker Park). We are looking to work with a realtor to help guide us on a rental unit. W...
I may have an opportunity to purchase two multi family units from a husband and wife I recently met. I believe there isn't a mortgage on either property at this point. I'm curious if there are any tax advantages for t...
Hey all. Im breaking out into the industry. Im reading, listening, absorbing everything I can while taking action. I am starting with wholesaling.i would absolutely love to network with whoever would like to:
- agent...
Newbie here!Let's say you're buying an investment property. The seller offers to deliver you the property with existing tenants or vacant. So you have both options.Which option would you choose and why? Would you like...
Excited to be a part of the BiggerPockets family and working towards my why plus financial freedom. Looking forward learning so much and collaborating.
I’ve been currently looking at single family homes. But as I keep reading, many investors comment on them not being the best choice. I live in a rural area, and multi family units are somewhat hard to come by. What is...