I've been monitoring prices in Washington, DC, and I am seeing some really rapid appreciation in the last 2 years. A friend of mine has been getting outbid at every turn. Is this flight capital from other countries, o...
Hi BP Family, I am in the middle of closing a deal. The seller chose the closing attorney originally. Now, he wants to change from the original one to a new one. The reason was given as follows:" when the seller bough...
Hey All!I'm about to get a lease renewed (hopefully) on a commercial property. I have a commercial brokerage negotiating the lease for me. I was just curious on what the standard % commission for a 5 Year lease woul...
Hi all, so for the book (full name below) which is designated as the BiggerPockets Rental Kit, 2, is the information it holds still current? I mean given that it's practically 9+ years old. If the information is out ...
I'm a newbie, so this question may have been asked and answered multiple times.
Has anyone used their VA home loan benefit to purchase a 2nd property, move into this 2nd property as their "primary" residence and rent...
Hello everyone,I’m a traveling physical therapist but grew up in Maine and am looking to purchase multi families in Biddeford using an FHA and subsequently to house hack in.My question to the Southern Maine community ...
Hello everyone,I recently came across a discussion on BP that directed my attention to state post auction properties. I was actually surprised by a few of these properties and a quick sales comp suggest there is money...
Everyone says that Chicago has laws that greatly favor the tenant over the landlord. I'm not getting good comparative search results so maybe someone with more Google-fu could provide some better search queries. I'm c...
Are these good ARM loan options for multi-unit investments properties?A) 5/1 ARM – 20-year Term; Up to 30-year AmortizationInterest Rate Options:1) L5 Resi Owner-Occupied 5/1 ARM No Point Rate + 1.00% + 1 point2) L5 R...
Investment Info:
Single-family residence fix & flip investment in Waco.
Purchase price: $74,500
Cash invested: $49,000
Sale price: $135,000
Two firsts in one deal! Flipped my first place a...