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So now that I have a more in depth understanding of how a wholesale deal works, I now want to know how to make the deal more attractive to the end buyer. I understand that they will not just buy off of the ARV alone. ...
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Last week I placed my first offer on a property. Asking price was 116,000 and my offer of 100,000 was accepted. Its a 4 unit apartment building with 2 2 br units and 2 3br units. Anyway, here are the numbers.
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Here are a couple basic questions to finance an owner-occupied 14-unit apartment complex priced at $3m...
What is the min. down payment required?
Is there such a thing as "stated-income" for a commercial loan?
(Selle...
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Hi, I've bought quite a bit of single and multifamily properties but I'm looking to step things up toward apartment complexes. Are there any detailed posts or books you'd recommend for learning what I'm getting myself...
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Quick question about an investment property I'm purchasing.
Purchase price of 100k (cash)
Rental rate of 800-950 (let's use 875 as a mark)
$365 out of my pocket every month for HOA Taxes and Insurance and management
...
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Hi Everyone I am trying to budget for a 2 family rehab. I know every job is different but if you should shed your experience on costs for the Massachusetts area and the following building that would be helpful.the bu...
Hey BP!Switching careers and taking over a profitable property management company. Tons of room to improve and expand the business so I am almost certain it will be profitable for the foreseeable future.My main questi...
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Hi All,I have been working with an out of state realtor for the past month for my first investment property in Phoenix. A “deal” was brought to her by an investment company that wanted to unload a townhouse “as is”. N...
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Hello, I am a first time investor and started to look for the investment opportunity. One thing I realized is I can only afford a condo in a good location right now. And my goal is to have a good cash flow and hold lo...
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Hi folks,As there's a proposal from Fed to increase the interest rate 4 times in 2022, what is your take on real estate investing? If you have the capital for downpayment and you have +ve cash flow, would you continue...