Hi guys,I'm located in NYC - specifically searching in the Brooklyn and Queens boroughs.In regards to getting approved for purchasing a coop / condo, I'm aware that most require at least 20% down. Are there some build...

A lot of people see the potential of the Jumpstart Our Business Startups Act of 2012 to bring capital to small businesses that otherwise wouldn't receive funding. If seems like most people following the bill focused, ...

Just used an FHA loan to buy my first house, moved in and am renting a room out already. I have $40k from this year saved and can continue saving the same each year pretty easily. However, I don’t want to keep working...

3 Reasons I'll be Acquiring Rental Properties 4 Life

There are a few things in life I am willing to bet on.

Here are 3 of them:

The pope is Catholic.
The sun will rise tomorrow.
I will never stop acqui...

Hey there! I am pretty new to BP so sorry if this is a dumb question. I have kicked around the idea of purchasing in a market that is no my own, due to the lack of cash-flow in my area. I have ties (from my college) o...

Hi everyone, this is Yang and I just step into the rental property investment as my first try :). Right now I'm trying to evaluate a property and would like to get some suggestions from the local experts (Google does ...

Hello Everyone,I have a somewhat confusing and complicated Security Deposit dilemma. Please just bare with me for a little bit. The Section 8 tenant saw the unit in the last week of June 06/28/16 and filled out the re...

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*This link comes directly from our calculators, based on information input by the member who posted.

I have been in touch with the listing agent for this property and was actually the ...

Here are the numbers
44 Unit multi-family for sale $12,618,052

Gross Rent Roll - $ 918,000
Total Expenses - $92,950

Net Operating Income - $ 825,050

I think this is a great investment, on a large scale.

However...

I'm trying to understand the mechanics of the BRRRR strategy and thought you guys might be able to provide some input.I'm looking at a property that is on the lower end of being able to qualify for a conventional mort...