I'm currently looking into an owner occupied multi-family deal for my first purchase, which is very daunting to say the least.I'm doing my best to do all my due diligence - value cashflow based on local rentals,figuri...
One thing that's holding me back from purchasing my first property is the fear of "what if my numbers were not correct". I know that you need to do the best due diligence/number crunching that you can before making an...
Hey BP community! I'm a business owner looking to deploy excess capital into investment properties with all signs leading me to multifamily rental properties. The biggest issue I am running into as I evaluate deals is...
Hi all! I am new to this group, and have a loan refinancing question. When evaluating your loan vs. your rental income, is it better to get a longer-term loan (i.e. 30 years) and have higher cash flow versus a shorter...
Can anyone shed some light on how hard money lenders determine your eligibility of your loan? Any ideas on the minimum monthly or yearly income you need to have? I can't seem to find any info on this online even at ...
Hello BP!
I don't target high end properties, but just got a lead from my website for a property with a value of about $700k. Generally, I buy $70-150k houses, so this is a bit of uncharted territory for me. I was w...
Are townhouses worth buying? If so what are key factors you look for when buying the townhouse?
I've been looking at multifamily properties in the greater boston area and try to apply the 2% rule and it seems nearly impossible. I was listening to the interview with Darren safer and he said he uses 1% in the New ...
Hi, I am slightly new to the game , late investor(47).I have owned a property in Delray Beach Florida before but sold it off at the height of the market.I currently own in south florida, invested in one rental In Kno...
Hey everybody, I was hoping to get some advice from some of you seasoned veterans here. My portfolio is made up of 3 rental properties and i'm ready to get my 4th. I am strictly residential real estate right now. S...