Hey BP fam, So I'm in contract to close on a 7-unit bldg by the end of the first month..first deal, hopefully. Had the inspection done and there is clearly work that needs to be done in the $5-$10K range, incl some w...
So I may be confused on the 50% rule because it just might not work for mid-priced properties in the Las Vegas market or I might be misunderstanding the concept. For example, mortgage/HOA/insurance/taxes on an average...
Or is this something to pass on?
Deal: Triplex consisting of two 1/1 units and one 2/2 unit (I believe the 2 bed unit is first floor and the 1 bed units are on the second floor). Asking price $399,000 - no obvious ne...
Hello this is my first post but I have been following forum for a while now. I’m in construction and I built a rental ground up on property using cash but now I would like to get a loan on it to do the process again. ...
Trying to get my feet wet. Credit score of 750, no debt. Whats the probability of getting 3-5 loans for 3-5 apartments within a years time? What im trying to do is have roughly 3-5 apartments with loans on all of them...
We are considering buying a parcel next door to one of our rentals and have run into an issue. The title company that we use will not issue title insurance on any RE that has been through a tax sale in the last 10 ye...
Hello,As I am researching multifamilies I am finding most sellers seem to understate their expenses in order to elevate their properties value. When determining an accurate ARV do lenders appraise based off the 50% r...
Ok Hello Bigger Pockets. First of I would like to say I take another step in starting my business and attended my first meet up. I meet many amazing investors. So I am starting my investing in rural Minnesota. From wh...
Is it possible to find a rental property in Denver that passes the 1% or 2% test? If not, what's the real expectation when looking for rental property investment? A 4 unit multiplex property is being rented for $520...
https://www.peoples-law.org/rental-and-housing-laws-anne-arundel-county-county-lawsHi there.I am a little confused in the wordings of Anne Arundel (AA) county website for rental rules and laws. I just acquired a 1950 ...