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Acceptable CAP rate for multifamily properties in Ohio is as follow: Section 8 or any other subsidized housing is minimum 7.5%. For Market rate properties it is 8.5%. Student housing is minimum 6.5%. A good property t...
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Hello all, I’ve started my journey on real estate. As daunting as it is, I am excited to learn all the “in’s and out’s” there is to know to be successful. I see plenty of successful acquisition stories of the famous 0...
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Hello, my name is Zach Jarvis. I am a 3rd-year college student seeking to jump right into real estate once I am out of school. I will be in the Winston-Salem, NC area. I am open to any advice on the steps I should tak...
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I have a property under contract and the lender has just requested a Pahse 1 environmental study be done. The property has never been used as a gas station or laundry cleaners etc. the only thing I can find if years a...
I asked the agent over the phone what the seller owe, payment, and would the seller carry financing, the agent said she dosent really know,
Then agent email me and tells me that she dosent fell comfortable giving me ...
Hi BP! I know it has been quite a while since I've had any activity. I fell into some pitfalls (when it rains it pours) as well as working very hard towards eliminating a drastic amount of CC debt I had accumulated an...
We're recently found LLC based in Boston, MA with 3M to invest. We had experience doing some multi-family, condo rental, flipping houses in Lowell, Boston, Quincy, etc. We are thinking to become developers in the next...
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I found a 6 plex for sale. In order to come up with a big enough down payment for the bank-I asked my realtor to ask the seller's realtor if they would consider owner financing part of the down payment. (about $100k)....
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Hello! Newbie here, but have been listening to a lot of podcasts on real estate and i came across an episode about using 203K Loan to buy a duplex, has anyone done this? If you have, what was your experience with it? ...
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I am inexperienced in RE and keep reading posts in this very informative community. My goal is to acquire rental properties, probably single family houses. I read about turnkey property companies and I am tending t...