Hello long time lurker here with a question. I am looking to purchase a triplex/quad within the next year through the home possible program. I’m a 23 year old self employed contractor with a 700 credit score.

From 20...

How do you establish ARV on multifamily properties? What systems are being used? What formulas? A cheat sheet of steps or a system with ABCs would be great. I've got a 6 unit in my sights and need a little guidance on...

I am looking at a 4-unit in Kankakee, IL. or an 8-unit in East Chicago, IN.  79K for the 4 unit225K for the 8 unit.  As this will be my first multi-unit building, should I invest in the cheaper one?  I live about 1 ho...

Sometime this year, my wife and I plan to get a primary residence using an FHA loan. After we live there a year or two we plan buy a new home and rent that house out. From what we've read, FHA loans are great for peop...

Hi, I’ve recently gained interest in real estate, more specifically rental properties such as single family homes or duplexes. My problem is Im in my mid twenties and only have about $50,000 in the bank. I’m wondering...

Here is our situation:We have recently just switched real estate agents and he has spent a little time finding us a rental property to purchase (2-4 units), probably 3 weeks in total. During that time he has gathered ...

I am in Texas and have been hitting up specific County Records online and am able to find foreclose information but no 'Notice of Default' information. Is it possible these are referred to by different terms? Google y...

I'll be the first to admit, I'm a total newbie at REI.  I've been trying to educate myself as much as possible reading the many posts here on BP.My situation:I have a plenty of equity on my current home.  I currently ...

If you were going to be an investor in a spec home building project (either one or a few SFR's or townhomes) what types of due diligence would you do?  What are the top questions you would be asking the sponsors to mi...

Hello all,

The last few weeks I have been busy with rehab work on my properties and getting them ready for tenants. One question I am struggling with implementing the 50% rule. I am not sure how to go about it.

One...