Hi BPers,I want to make sure I am understanding this properly. Next year, I will qualify for 2 mortgages of around 80K each or 1 mortgage of 160K, let's say I can have approx 1100 a month in debt, if I bought two dupl...
Wanted to share by success story of a recent flip here in Lafayette, LA. Bought the home for $119,500, 3 bedroom, 2.5 bath. The property was in much need of some TLC, everything had to brought down to studs. But we c...
I am going to look at a fsbo tomorrow. Spoke with the owner by phone and he indicated that he had several wall anchors installed in the basement a few years ago to fix bowed walls. Anyone have experience on how that w...
Hello All! Thank you for welcoming me into the bigger pockets community! :) I purchased my first property at the age of 18, having learned early on by the example of my parents that ownership is the way to go. A cute ...
Just spoke with two banks about a NNN mom and pop deli. It’s in a class A urban location with 5 years left on lease. One bank said 65% Ltv and the other 55%. Too much to put down! What are you guys seeing?
I own multiple LLCs. Can I sell property in the name of one LLC and buy and take title in the name of another LLC? They are all single entity.
Do most lenders write loans for the purchase of a MHP? Is it as easy as getting a loan for a SFH? Is the typical down payment 25%?
I have a house under contract in Lafayette ca and it needs alot of work to get it to a high end arv.It has a huge lot(.5 acre) and comps are around 1.7 million. I think I want to develop it any suggestions?What is ste...
Hello all,
I'm new to the site and investing. It's been something I've wanted to do for years but have suffered from paralysis by analysis. After researching, reading and being introduced to the site, I'm re...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Fayetteville.
Purchase price: $25,000
Cash invested: $90,000
Sale price: $179,500
we have been in SFR rental for a whi...