What is Considered a Good Multifamily Cap Rate?The short answer is it depends!There’s no universal standard since it relies on two main variables–your investing objectives and current market conditions.Some key factor...
Hi all,I'm just starting to dive into all the great info here! I would like to start looking for properties to buy and hold for cash flow (ideally) but am finding that goal is almost impossible to find. I live in the ...
I had the sewer scoped by a local company that only does scopes and not repairs. I watched the video as it was being done and have CD copy of it as well.
This is for a three-plex and the main-line from the main hous...
Hey everyone!I’m new here. Ive owned a 2 family in MA for 5 years now and got a great price on it. Ive been house hacking it and am now ready to buy another 2 family. I have a mortgage on my home currently and have re...
Bed/bath: 3/2Garage: NoYear built: 1974Purchase date: Oct 2003 for $120,000sqft: 2,264Zestimate: $107,506Tax Assessed value: $103,600Repairs: Yes (rough estimate: $4,000)Seller owes: $86,000Seller PITI: $934Seller PI:...
Hello I'm a 27yr old newbie in RE investing and I recently flipped one house and got 125k in my pocket. As I didn't have my residential house for myself, I think it is great time to start house hacking. But also think...
Greetings BP Community Members,I am relatively new in this forum and to real estate in general. I have a question here, if there are any way we can convert tiny single family home sitting in 0.4 - 0.5 Acre to duplex/ ...
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I am familiar with using hard money lender for distress property that will need rehab. Has anyone heard about renovation loan provided through Fannie Mae/Freddy Mac? a lender mentioned it to me today...
I'm reading @David Greene's book "Long-Distance Real Estate Investing", and am learning a ton from every page. One strategy that he mentions for avoiding getting ripped off by contractors is to shop for and purchase ...
Hello, I was wondering what’s a good amount of money to have on hand to use as a down payment to start my investing journey. I can’t house hack and am looking towards SFR, either a brrrr or turnkey. Depending on how m...