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I have 2 condos as long term investments in the Orlando area, each worth about $75k. Does anyone have any advice on how to do a cash out refinance on non warrantable condos at such a small value? We are looking to con...
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I have 3 scenarios here. I know none are -exceptional- but in my area in Tampa, so much hedge fund big $$ has been spent on 3/2s that the prices have made it tough to get the deals. But when I run numbers on some of...
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My father has expressed interest in investing with my husband and I on a multi family rental property. My husband and I with our kids would live in it and house hack and manage the property. Neither my husband and I n...
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Who else has read this book? It has some great infomration in it, but he bought all these units right before the crash. He was buying with no money or 5-10% down and doing refi's to have no equity to buy more deals an...
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Sale price 65k, rent $800, VA 0% down payment, cash flow $200, cash flow w/factor $50 including property manager. Really slow area. Average price for similar Townhomes on the areas over 75k. A lot of properties on sal...
Hi guys, I'm a new real estate investor looking to purchase my first multifamily. I've been doing reading on deal analysis, listening to the podcasts here (Great source of info!) and everything else needed to be succe...
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Hey everyone,So I can't seem to get a straight answer on this, so I hope knowledge here will help to answer this question. I owned a Duplex from May 2015 until December 2017. I moved in on July 15, 2015, for a total o...
I am looking at investing in a multi-family residential deal as a passive investor. The paperwork presented to me has the following fee structure for the promotors. Is this standard or am I getting fleeced here?On Ini...
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Hey folks, Dad wants to put his money to work and act as a 'bank' for our rental.
Agreement:
- He gives us $200,000 and pays for half the property tax
- We split rent with him
Numbers:
- PITI today is about $2600...
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Is there a free calculator for SRT available in Bigger Pockets? Beyond works if you already own a property and have it advertised in Airbnb. How can I calculate before owning?Thank you for your input.