Michael C.
Assuming negative cash flow -Does it make sense?
I have an opportunity to assume a loan on a SFH for very low cost, maybe a few thousand in fees to transfer. The issue is that the property will not cash flow as a rental. If I can get the house for essentially free ...
Eric M.
Baltimore Gas Test - BG&E
I have a two unit property in Baltimore City. It was vacant for about 18 months. Electric was "powered up" on the new boxes 6 months ago. Despite billing me a flat fee for the gas hookup for the last 6 months, BGE now...
Nate R.
Best way to sell a tenanted property?
I have a property in San Antonio that I have been wanting to sell for awhile. The tenant is on a one-year lease that expires in a couple of months.
They have not kept up with the rent and are behind by more than a m...
Derek Wilson
Dogwood Duplex in Belmont NC
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $145,000
Cash invested: $10,000
Sale price: $240,000
My first investment!! A house-hacked duplex. One si...
Michael McWaters
1385 West New Haven Melbourne Florida, Commercial Investment
Investment Info:
Retail commercial investment investment.
Purchased a 3 commercial properties at an Auction in July 2020. Cleaned up and renovated the property with plans to rent out the property for positi...
Brittnie Stewart
How does this work? Received a bird dog lead. wants 25%
Still a newbie. I've sent out some yellow letters and now trying to get my buyers list going before any more calls come in. I got a few numbers and called around to ask what buyers are looking for. One happened to off...
Max McNally
Made my first deal! Looking for feedback
So I recently signed a contract for my first property, which I am pretty excited about. It's a multifamily in Trotwood, Ohio. The numbers look really good. I have it under contract for $92k, the combined rent is $1980...
Lydia Woods
Detroit buy and hold
Hey Ladies and Gentlemen’s, I live in Louisiana but I’m thinking about buying some property in Detroit. I notice they have a lot property on the low end ($3,000- $10,000) and some are bundle deals. They are in low inc...
Marcus Gaethke
5/1 ARM at 3.5% vs Fixed Rate at 5.75%
Hello Bigger Pockets - Thanks in advance for any advice
I am currently looking to get approved for a loan for a small multi-family (2-4 units) and am having difficulties finding lenders that will do a 30 year fixed w...
Joshua Feit
What am I missing?
Hello BP!I am interested in purchasing a single family rental. (I already have five rental units, so I'm not completely new -- but yes, pretty new!)The house I want to buy is a 3/2 on-market and I can get it for $65K....