Andy M
10% cap is pretty good, right?
Hey guys,
So I just found a rather large property (for me anyway). The asking price is ~14.5M and the current NNN lease backed by a AA company gives a NOI of 1.45M/yr. The occupying company's lease has another 2 year...
Nick Bolding
HELOC vs Refinancing
My wife and I currently have a paid off house and I have been itching to invest in real estate but my wife has been hesitant. We have began the process to apply for HELOC with a Regional Bank. We are trying to make a ...
Mitchell Van Overloop
Our first deal
Sorry I haven't posted about my first deal on here yet, but here goes. My wife and I initially bought a single family home and lived in it for the 1st year of our marriage. We then decided we needed to get into the RE...
Matthew L.
What would you do if you were in my shoes? Save up or use HELOC?
Hey everyone,I am a somewhat new real estate investor. I currently live in a house hack duplex that I purchased in 2019. My mortgage balance is about 206k and the home is now worth about 280-290k after improvements an...
Lamont Marable
MultiFamily Deal in Boardman Ohio
Hello BP! I'm looking at a 6-unit that pencils out. It has a pitch roof, good school district, 50k median incomes, unemployment rate dropped down from last year to 6.6ish, only downside is the population is dropping...
Craig Huston
Can I get more than one mortgage in my name?
My wife and I did a live in flip on our first house and sold that house for a bank owned property. That was 5 years ago and we have about $250k in equity in this home after rehab and appreciation. We are talking about...
Brian Briscoe
First syndication - Spartanburg, SC
Investment Info:
Large multi-family (5+ units) commercial investment investment in Spartanburg.
Purchase price: $2,900,000
Cash invested: $100,000
39 unit, B-Class asset in downtown Spartanburg which...
Khouri Rice
Question about bank owned property that is currently rented
I just bought my first rental property a bank owned property (4 units) that is fully rented with two of the occupants having leases through April of 14. I close on the 20th of this month, the bank has owned this prope...
Matthew Mendenhall
Gauging interest in an investment property analysis service
Hey everyone, looking to gauge interest and capture some feedback on an investment property analysis service I'd like to provide to Real Estate investors. Not looking to sell anything here, but mainly looking to find ...
Dave Mustaine
Loan modification
I am considering applying for a loan mod on my house. However, I'm almost positive I'll need to get out of the house and into an apartment in a year or two. I would like to know how you view a loan mod in terms o...