Currently in the process of underwriting and finding equity partners for a deal our team sourced in Chattanooga. It's 25 units, off-market (we are direct to seller on it) and is a value add opportunity. Class B-/C+ pr...

Hello Everyone,

I have been reading this forum for a while and have found it immensely helpful. I am considering putting a multifamily property under contract and would like some third party fly by opinions.

Units:...

Trying to acquire a house for rental purposes, long term strategy is to rapidly build a rental porfolio

Purhcase Price is about $55,000 two financing options available:

1. 90% loan which will be at %7.25 interest an...

Take Ozone Park for example. I saw a house last week for 630k 2bd over 1bd. Running some basic numbers.... (not conservative).Upfront5% down + 20k closing = 51.5k out of pocketMonthly (best case scenario)- 2944 Equity...

I found a house I want to purchase for $140,000 with an assessed value of $180,000. For any bank financing, I am required to put down 25%, or $35,000. I am going to pay the 25% down and get a 30 year fixed mortgage ...

Hello People,I am looking at putting a MHP under contract and would like to have some advise on how to value it correctly; the details to hand are s followsa) 34 unit MHP (15 of them are POH ) asking $350Kb) Total Gro...

I purchased a duplex in Worcester, MA this September for nearly market value, since it’s a competitive market. Especially, at the age of 23 with a FHA loan. I got a unit rented out in November for S2,000 utilities inc...

Hi Guys, I searched BP for tax prep help, didn't find any tax prep helps for a sandwitch lease option.Bought on a lease and option.  Zero option fee, lease is the sellers mortgage payment:  $798/mo.  I pay for fix ups...

Hello all, my name is Khalil from Brooklyn NY. I'm a branch manager for a major bank, and have been in retail banking business for about 7 years. Getting into real estate was something I always was interested in, but ...

Hello BP'ers, I am excited to share that I have my first multi family under contract. Its a run down mfu that has been vacant for past year or so.  It is in a great location but needs a total rehab.  Please review the...