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This property is 1.4 acres with a four bedroom, one bath home in need of extensive renovations. It is bank owned with an asking price of about $70k. (The assessed value of the property is about $135k) The 1.4 acre pr...
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Im hoping someone can confirm my thoughts on this. Im looking at a portfolio acquisition and intending to perform through a step acquisition of the LLC as opposed to going through a traditional purchase. The seller i...
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Looking to do a BRRR, which areas in Hamilton should I be looking at? Thanks in advance.
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Investment Info:
Condo buy & hold investment in Norfolk.
Purchase price: $110,000
Renovated condo directly across from beach, with boat slip included in price.
What made you interested in i...
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I am selling a house in Prospect Park, PA near Philadelphia. The buyer is requesting a waterproofing specialist report for water entering issue in the basement because the inspector found some sign of water entering....
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I'm working on getting a property list from the county to scrub and create a mailing list. I'm unable to specify an equity amount to pre-filter the list through the assessment office, so I plan to filter by last purch...
Hi Everyone,I am looking for suggestions that folks have had luck with in the past to get from ~10-15% figure to 20-25% (Say an additional 50k) to satisfy commercial lenders. There is a 7 unit MF property that just ca...
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Curious what your thoughts are about investing in townhomes for long term rentals. I know HOA fees and regulations need to be accounted for. If the numbers all work out, would you invest, or are their other concerns...
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Hey BP fam! I am working on acquiring my first multifamily building with the intention of converting the units to STRs. Does anyone have a good underwriting template or expense checklist they use for analyzing STR pro...
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Hello,
I have been analyzing BRRRR properties, and I consistently use the same conventional financing criteria when running my analysis. The problem with my approach, is that when I go forward to make an offer, it i...