Hi folks,I am new to the real estate investment business. My 5 year goal is to become a professional real estate fund manager.I happen to live in NYC where there is a large concentration of people with 7 figure incom...
Hello all,I am currently in the search for a multi family investment property in Atlanta, GA and have just gotten pre-approved by my own bank (Bank of America) and a few other big lenders. However, I have been conside...
I am a fairly new real estate agent who is still learning the ropes. One of the agents in my office who signed up the day after i did has really clicked with me and we talk a lot and actually realistically help one an...
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $540,000
Cash invested: $120,000
This is our 16 unit apartment building.
What made you interested i...
Found a 7 plex that had gas spilled on it several years ago. It was cleaned up and cleared by DEC but spill still under foundation and roads. Title has spill listed and says the lower unit can not be rented as residen...
Hi everyone,What do you think about selling in this format?For example, I own a property that I bought for only 25,000$ (before repairs). I thought of selling it to local potential home owner for about 50k: 5,000$ dow...
Hi all!
Just joined after reading BP for a while.
My name is David and I just returned to the good ole USA after living in Africa, Europe and lastly the Far East over the last six an a half years. After...
So just found this property with a suppposedly "motivated seller" here are the numbers:
Proposed Sale Price 185,000
Gross Rents - 1800
Less 8% Vacancy Loss <144>
Less Insurance <...
How are you minimizing the risk of the lender calling the loan on your Subject-To deals? Please share :) Thanks!
Hello all I’m currently shopping around for a new flip / investment . I need some suggestions where to invest only in New York . Not the 5 boroughs (queens, Bronx , Brooklyn , StAten Island and Manhattan , )) looking...