Hey BP Community,I am considering offering on a property in my hometown (Colorado) that currently has 2 trailers on it (owned by others) and I am seeking advise on what to do, or If I should make an offer at all. My w...
What am I missing? This deal looks too good to be true. Low cash upfront, renter in place, rent is almost 2% of supposed ARV...there must be more to the story, right? Otherwise this thing would have sold already. Conv...
Anybody have experience with purchase of Commericial storage units. I have been offered to purchase a multi unit Commericial storage complex. Not sure how many units (various sizes) Income is $5500 /month What wou...
Hey all!
So I've finally been getting a few leads on some prospective rental properties in my desired area. From what I understand they are owned free and clear and the sellers seem mid-level motivated (not desperat...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $345,000
Cash invested: $120,500
Sale price: $530,000
Off-Market Fix & Flip Opportunity
What made ...
We are purchasing a beach condo STR purposes. Our broker had offered us these loan options:
20% down at 8.5% interest, $65000 down, $1999 monthly
25% down at 7.5% interest, $81500 down, $1704 monthly
We wanted to k...
Hi everyone, I'm new to real estate investing and I'm pumped! I'm a stay at home mom with two little guys and my husband is active duty army. We used the VA Loan about three years ago to purchase the home we're curren...
Hi,
I am eager to begin investing in multifamily real estate for the long-term cash-flow, but lack any significant capital to do so, especially in my area (Los Angeles).
I've been trying to think of creative ways to...
There are two scenarios below for a first purchase. What would you do?
Let's say you could buy a turnkey property for a market value $67k that cash flows at $400 a month after all expenses. With a 20% down payment a...
Hi Everyone,
I am new to BP and this is would be my first post, here it goes...I am looking to purchase my first property with a friend. Quick background on the subject property; To cut to the chase I am interested ...