Hello all new and established BPs. A conversation in January with a coworker (and BP fan) opened our eyes and here we are - we just closed on a cash-out refi of our primary residence (in Missouri) today @ 2.875% and ...
People have asked me for an update regarding the million dollar home I tried to sell during last weekend. Well, instead of giving you just a boring update...I want to share with you what I've learned. My hope is yo...
New member but have been lurking for many years. Been investor for around six years and a broker for 2+ years now.
Currently 29 years of age. Married no kids. Live in Naperville area. Studied engineering ...
Hello people of BiggerPockets, For the investors that have rented to students, have you noticed it's easier to rent a 1bed/1bath type room better than 2 students sharing the same bathroom? (Even if the price is lower)...
I have an opportunity to invest in my first MF as a passive investor. The sponsors are putting 10% down for a 25% equity share. That means that the other 90% down only gets a 75% equity stake in the deal... basicall...
so every apartment deal if have looked at has considerable "deferred maintainance".Is there such a thing as a turn key "c" class property?Or, if it does not need considerable capex, is it then by definition a "B"?I ge...
Hello all,
I recently purchased my first rental property in the form of a four unit apartment building. I've already made several improvements to the property including new gutters, french drainage system, some mode...
Hi, a friend of mine recently told me that to get an FHA loan on a property, the property needs to be FHA approved. It is the first time I have heard of it, but I had been under the impression that as long I was qual...
Hi guys,Will you please help me out? I have been thinking of doing this deal but not sure if I should do a subject 2 or how to structure it.Seller owes 35K to mortgage. Rents are 1.7K (owner pays heat, water/sewer/tra...
Hello,Looking to owner occupy a 3-4 unit multifamily and a lot of the homes I am looking at are all 90-100 year old. Plenty are wood frame and being that I'm in Tampa, Fl, I am hesitant (Hurricanes/termites). Some s...