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Hi there, Say i have 3 properties that produce 500$ cash flow /month, 6000/year, and to buy a new property i need 24000, so 4 years of savings. After buying the property the cash flow will be 670/month, 8040/year, and...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Hershey.
Purchase price: $217,500
Cash invested: $55,000
All brick three unit building. 4,000sq ft in downtown hershey. Ex...
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Hello - My usual mortgage guy is retiring , so I am looking at finding another mortgage team, and specifically looking to do the following transactions in the next 3-4 weeks. Credit is excellent.1) Purchase of an inve...
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I am getting a contract for $135K for this owner-occupied home and it is easily worth $200K. I do not have the down payment and points to use a Hard Money lender. Suggestions on how to buy the property without a l...
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Does anyone know of portfolio lenders who will do cash out refinances on condo units in Phoenix at competitive rates and fees (75% LTV, excellent credit, verified income, strong cash flow)?
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Hello everyone,Let me just start out by saying I have a lot to learn!I'm just starting out in real estate investing, and plan on buying my first property (duplex, triplex or fourplex) within a year, house hacking, and...
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So I readily admit to being a spreadsheet jockey. I would greatly appreciate the community's help in two area:1. What am I missing in my analysis? I'm budgeting $40K to convert the interior space into two 2BR/1BA unit...
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Hello all, I am relatively new to BP and in the "planning" phase of my rei career. What are the pros/ cons to starting an LLC to manage my properties from? Also, do you recommend any property management software to tr...
Hey everyone, we are looking at purchasing a property here in Bakersfield and I wanted to pole our fellow BP members here to see what percentage of cash-on-cash return you're accepting. The potential deal I'm looking...
I'm just starting out with market analysis and property analysis for small multi as a first cashflow investment vehicle. My question is how to apply the 50% rule and cashflow rule properly for analysis.For example, ap...