Hey all,
We recently put in an offer on a homepath property that had been on the market for 150+ days. They rejected it without countering and accepted another a few days later. Moving on, but I'd like t...
Duplex - 3/2 and 3/2.5
Bldg SqFt: 2,610
LP: $155,000
Rents: $ 950 per side
Cap rate: 12.26% (according to MLS listing)
Gross Multiplier: 6.80
Insurance: $1,000
I will occup...
Hello folks
This will be my first deal! Still learning a lot of concepts, ratios, etc. This fits in 1% rule but not 100% confident. Here are the details:
3Bd/ 2 bath SF house in a community close to bus...
Hello everyone! I'm new to the BG family, and have learned so much from all of the articles and forums. I'm analyzing my first deal, and wanted some opinions.I'm looking at a 6-unit building, with 2 efficiency's and...
If I have a house with a possible seller,the house was appraised for 72k. The owner owes 55k on house. Repairs are unknown at this time but looking like less than 10k for repairs. Is this a bad deal. I don't see any m...
What would be the minimum ARV that would be workable for a wholesale deal to make sense.
Just an update. Been learning a bunch and just had the inspection done this morning on a duplex I had an offer that was contingent on inspection. Unfortunately the inspection found that the basement had some telling s...
I have a lady selling 3 houses in the same area. The problem I'm having is i can't find any current information on the homes. She has had the properties for 15 years so all the info I'm seeing is incorrect. Is there a...
Looking at my first multifamily home in the capital of my state Providence, RI. Less than a 5 minute drive from down town Providence. Built in 1922 property brings in about 2650 a month in rent and money from coin ope...
I was recently notified of a 4 Plex from my agent and the asking price is 105K. It is a 1/1 with full occupancy. 3/4 units are month to month as they are out of contract where another new tenant just signed on for a ...