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Intended to BRRRR a duplex but rehab costs are much higher than anticipated. Should be rent ready in August but unknown how much the market will cool by then and if it will appraise lower than expected at this point. ...
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Single-family home sales fell 8.6 year-over-year, their third and biggest decline of 2022 as the market begins a long-anticipated cooldown;Days on Market (DOM) for single-family homes dropped from 30 to 28;The ‘Close ...
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Investment Info:
Condo buy & hold investment.
Purchase price: $324,000
Cash invested: $75,000
3 BR/2 BA condo in the heart of Myrtle Beach. Located on Pine Hills Golf Course, this is 2 miles fro...
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Hello BP Community!Two questions both pertaining to Mortgage Insurance. This is assuming I will be house hacking a multi family using a FHA (3.5% down)1. When analyzing a property do you include the mortgage insurance...
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Hello, I'm looking to build 13 units and looking for advice on financing, feasibility, and deal structure. I've got a mortgage on a property in phoenix which currently sits a triplex and based on the entitlements can ...
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I saw this property on Loopnet:
What would you ask about/analyze?
How would you get financing?
24 unit in Chicago
$2.38M
8.17% Cap Rate,
100% Occupied,
7.51% Gross Rent Multiplier
Bonus 2 lots 35x100 one has SFR ...
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Hello BP friends - My partner and I are looking for SFRs in north Austin or somewhere in the vicinity. I live in Austin so can manage myself, any recommendations for zip codes to invest? We anticipate a negative cas...
I have about 1 million to invest. I would like to have a target cap rate of 5-6%. I live in a very aggressive cap rate market that is very competitive in DFW.I'm analyzing this property for possible investment real ...
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Situation: Buyer anticipates closing first week of January. Seller said
he needs to close before end of 2019 so that he can claim tax loss. Is
there some creative legal mechanism through which we can make closing ...
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I found a property! Needs to be brought up to code, but its advertised as a SFH when it was clearly a duplex. I'd like to buy it, turn it into a duplex, rent it out and sell it or (if the tenants are great) keep it a...