Julie McCoy
Pros/Cons of originating a note
Hey all! I'm new to this topic, though not at all new to BP; you'll usually find me over on the vacation rental forums. However, I'm looking to begin to diversifying into a more passive asset class, so I intend to b...
Russ Wahl
Refi issues! BRRR complete and now a bank surprise!
Has anyone ever run into this issue and how do we navigate it? We bought our first BRRRR deal as a bank foreclosure. Took weeks to clean it up and months to rehab. We fixed it up and put tenants in it and got an appra...
Katie Landis
help please ~ 2 Questions. 2nd deal ~ Pittsburgh, PA
Dear BP community,This will be my second investment property. I have two main questions 1) financing; 2) whether to leave the home an unofficial Duplex (it has Licensed Neighborhood Commercial zoning) or convert to a ...
Angela Aybar
At a cross road
Hello Everyone,Angela here looking for some advise.I'm own 2 multifamily homes in Newark, NJ. We have been trying to buy other properties for some time but, because of credit and little income it has not been possible...
Andrew Sime
Any All Cash investors out there? Buy and Hold
I am shocked to see how few members prefer investing with cash only, no leverage. My current strategy is to buy a house or 2 each year for the next 7 years all cash. This should position my family to cover all of ou...
Ian Livaich
Calculating Expenses for Small Multifamily (Repairs/CapEx)
Hey everyone,I am searching for a small multifamily property (most likely a duplex) in South Jersey. I am going to look at three properties tomorrow with my agent. I am crunching the numbers and determining at what ...
Nick Wilkinson
Buying duplex at 100% LTV! Over-Leveraging or Good Deal?
Hello all,
I am currently the owner of 2 duplexes, 1 conversion and 1 side-by-side. The conversion was purchased using a down payment of 20% and cash flows $525/m. The side-by-side was purchased 100% LTV (zero percen...
Jordan Rhoads
BRRRR partner or consultant?
I've been looking for my first out of state BRRR deal in Kansas City and since I don't know the area very well I think I'd prefer to have extra help for my first deal. I have an $82k HELOC and my main goal on my first...
Tyron McDaniel
No one builds small multi family anymore, 6,8 & 12 units etc...
I am sure there is a something I am missing but it seems to me that no builders are constructing small multi family anymore! Here in Houston there are HUGE apartments going up everywhere but they are all Class A and o...
Jay Neaves
Something I'm Missing?
First, a confession - I am a total newbie, never done a deal and still in the learning phase. So the chances are I'm missing something really obvious but I've been analysing a deal on a house and it seems too good to...