I’m a newbie looking to purchase my first investment property. I found a cash-flowing four-plex on the market for $250k. It is fully rented and is getting $2700 in rent. I am approved for a conventional loan. 25% down...
This deal is no longer available but I found it quite interesting.
Would you purchase an apartment building 400 units that are all 1 bedrooms?
Hello All,Looking into the viability of purchasing a park (minimum of 100 spaces) as an investment, looking to see if anyone would be willing to provide some good info about their operating expenses on a yearly basis....
Hi guys! I am a newbie real estate investor still learning and would like some insight on a property I am analyzing. Some quick facts about the property:Price: 265,000No. Units: 6Price/Unit: 44,166.67Cap Rate: 9%Year ...
Hello All,I'm working on making my first investment purchase and I'm looking for any insight on anything I might be missing or need to think about. I've found someone that is looking for someone to assume their mortga...
I just did this and now I am unsure about it - rented to a new tenant at a rent lower than what I had been getting. The unit had been unrented for some time. The problem is, now it'll be a while until I have the ren...
Hello BP,I am looking at a deal right now and I would like a few more opinions. The house I'm looking at is a 3/2 in a good neighborhood in Florida, about five minutes from the water. It was built in 1970 but from pi...
Hello BP,I have a question. I am interested in purchasing a turnkey rental out of my market and I'm looking at providers in cashflowing markets. I wanted to know how much in a cash reserve is recommended on these ty...
Hey team,With home prices still rising, I'm finding it harder and harder to find a good deal and I'm curious if most investors are still getting good buy and hold deals (8%-12+%) or if lower COC returns is acceptable ...
Here is the link: http://money.cnn.com/2015/05/21/real_estate/waggon...Acquisition cost: 725,000,000Lot size : 510,527 acresWhat would be your plan for this deal if it was your? Would you buy and hold?Subdivide and bu...