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HI All,I just had an offer accepted on my first property. I plan on living there and renting out the other extra 2 bedrooms. However, my analysis is based on if I didn't live there. Main objective is to cash flow as i...
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Hi BP community!I've been lurking for a while and wanted to introduce myself. I currently live and have a 3 doors in CA but am looking to branch out due to the inability to cash flow anymore. I narrowed my search down...
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Hi my name is Michael Wood from Castro Valley California I have a 5 year lease, and the house went into foreclosure and sold at auction . New owners plan on renovating a home and selling it back on the market . ...
Rental property in class B area.Current cap rate is 5.8%. These are not the actual numbers, but is the actual percentage and actual ratio:I invested $x.xx (say invested $59,000). The $59,000 equality has grown to $10...
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Hi there,I have purchased a SFR in PA 6 months ago (seller finance). It's been rented and the rent is paid on time.I was supposed to pay the balance off within 6 months but I am still not able to refinance in order to...
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I am under contract to purchase a few properties in southside of Chicago, aiming for section 8 tenants. It's my understanding that the property needs to pass CHA (Chicago Housing Authority) inspection. Anybody know ...
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Hello Fellow "BiggerPockets" Members!Let me first address the issue:
Need to Purchase Property to flip - Buy low - Sell Reasonable. We have the perfect market for reselling as the real estate on the market is limited....
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Hi everyone,I'd like to get my ducks in a row and getting the LLC is one of those ducks. ;-)I'm in CO and have another LLC for my real estate media business, and wonder if there is anything different I should be awar...
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We occasionally come across properties that need little to no work that we would like to keep as rentals. We are buying at a discount but when talking to DSCR lenders all want a 20% percent down payment even if the p...
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Hi there,
I would like to understand the deal flow better - it seems pretty straightforward on the surface- but wanna know more details.
My situation - I have a few long term rentals that are slight positive cash flo...