Shay Ghafoor
Seeking suggestions
Hello BP Folks!I've owned and operated a number of businesses over the last 20 years. Such as motel, C-stores gas stations, and quick service restaurant franchises. Owning RE with all of the above.I like to continue...
Barima Opong-Owusu
Potential apartment building deal....How do I make it work and is it worth it.
I'm looking into getting my first buy and hold. After looking for multifamily properties a casual conversation with a coworker turned into the potential for me to buy an apartment building from her relative. He...
John Hartnett
Cash offers - how MUCH more attractive are they?
I've placed a bunch of offers this year, seeking to pursue a buy and hold strategy to build a rental portfolio. The county records show that a recent house settled for $125k cash, while my offer was $135k with 20%...
Josh Taylor
Opinion: Cash out or HELOC
About a year ago my wife and I decided that we were tired of working all the time and want to move more toward financial freedom. We were 115k in debt and not saving alot of money. We also were having our 2nd child an...
Justin Larese
$60k duplex or two 30k SFH difference?
Currently living in Midwest and adjusting to market versus East Coast. Looking at multifamily's and came across 60k duplex. Numbers look good, however, I'm always told to avoid the 30k SFH, and how you never make ahea...
Scotty Gifford
How to use these low-interest rates to our advantage?
Mortgage rates continue their slide lower and lower. I think it is a great time to buy if you were going to move anyway. We moved back in March and got 3.25% on a 30 year fixed mortgage before the Houston market got r...
Chad Friesen
Holding company
Hi can someone explain to me how a holding company works. I sat down with my mortgage broker yesterday and she told me after 4 doors i will need to put any more properties i buy into a holding company. I should have a...
Carter Still
Multi-family ARV calculation for BRRRR
I’m just getting my feet wet in multi-family and Value-add projects. Currently looking at numbers on two duplexes, and would love it if I could pull off the BRRRR, but don’t know how to assess ARV on multi-family.
I ...
Brandon Allen
Buying First Major Rehab
Hello Florida Officiandos,I am looking at purchasing a 4-plex in Orange Park as my first major rehab. The place has been vacant for 3 years due to the previous owner pocketing insurance money as opposed to fixing the ...
Gregory L.
Rent to preserve 2.5% mortgage
Hi BP Community! My wife and I own a single-family home in a top school district. The house is a smaller colonial with 3 beds and 1.5 baths. While the interior is nice, the first-floor kitchen and bath are original fr...