Investment Info:
Small multi-family (2-4 units) buy & hold investment in Galax.
Purchase price: $209,000
Cash invested: $37,500
Contributors:
Amanda McKane
This well taken care of...
Hey Everyone,I'm having an internal debate and would love some feedback on which strategy is better.I own one duplex. Option 1: Do I take all of my excess cash flow (which I don't need) and pay down the debt as fast a...
If I want to get a 75% LTV on a 20 unit apartment building, how does the bank determine the "value"? I mean, most buildings are priced according to their income potential which is usually higher than the appraised val...
Newby here in northern Colorado. I have been shaking several trees l know of and talking serious long term strategies. I have some good contacts that have been in the biz for 45 years. They are old school, cash, free ...
Good afternoon, I had an appointment today with a motivated seller but we were way off on the price. The house is almost 2800 sq ft and is listed with the city and on the MLS as being a 4 bed/1.5 bath house. After mee...
Hey everyone,Happy Friday.I have heard and read several arguments on why/why not to invest in condos as long term rental investments. I have been on the receiving end of a good and bad experience and I think with lea...
Hello BP,I have been stuck on this analysis for some time. Sell my primary vs. rent it as an investment. I am at the point to where these low interest rates are allowing a decent amount of cashflow if I refinance. My ...
Would you purchase a rental with a tenant in it? Why or why not? We are preparing to have no "lag time" and want to maximize rental income.
Hello BP fellows - Any requirements for a bedroom to have a door? I'm converting a basement into a unit and trying to understand the building code for having a door? I'd like not to have a door and keep a simple openi...
HelloMy name is Jeffrey Mark and I am a wholesaler/investor from the DMV area. I have been wholesaling for the past 3 years and have sold over 30 homes in the area. I am in the process of partnering with a few of my c...