Hello BiggerPockets family,I am currently in escrow for my first multiunit so I am finally able to join in on this side of the forums.I was just curious to how most of you fellow investors would setup the basics in be...
Good Morning everyone!Question that I have today is;If I BRRRR a Duplex or Triplex with money I borrowed from a Private investor.Once I pay off the private investor and get my money out. I would still be responsible f...
Good morning, I was just curious if anyone else has done this. So I’d like a buy a piece of land a build a liveable shop on it, While At a later time I build my house.Is it possible to get a construction loan that tie...
Hi everyone,My friend and I would like to start purchasing single family homes as rental properties. I'm struggling to understand how to start this process. I read about LLC's, and how its difficult for it to obtain l...
I have a 1000 sf 2br/1ba house that needs serious tlc in upscale neighborhood. I'm interested in maximizing rental income and would like to know if rebuilding the existing house to 2 story 3br 3ba 2000sf and adding 80...
Are you suppose to send a letter after you have reviewed an application and you find that the applicant isn't suited for a rental? If so I'm wondering about what things are acceptable to deny an applicant. Obvious rea...
Hello,I'm currently doing due diligence on a non-performing junior lien that has gone unpaid for about 5 years. I know the unpaid principal balance, interest rate, and monthly payment but the arrearages and payoff amo...
Good morning fellow BPers,This will be my first question on BP (please be gentle).I'm new to REI and I'm currently building my rehab team. Very confident that I will rehab my first home this year! (exciting)Here is my...
I found a bank owned foreclosure triplex on the MLS that is zoned as a single family. Is that normal, or do I need to try to get the zoning changed? If so, how difficult is that?
Investment Info:
Townhouse other investment.
Purchase price: $1,200,000
This is a new development that we bought at preliminary plat. We have taken it through final plat and are now getting started with ...