I am considering doing a cashout refinance on a property (a bundle of more than 10 condominiums in a complex) I own in North Phoenix, AZ and use those funds to buy another multi unit property for cash.My criteria for ...
Hello we want to make an offer on 48 bank owned homes being sold together as 1 portfolio. We have to get a preapproval for about 3 million dollars. Every bank i have called does not deal with this type of transaction....
Hello,When doing preliminary market rent research using a site like padmapper, how does one modify the most commonly found listings from aparment complexes to better fit a du-/tri-/four-plex? Complexes have pools and ...
How do you all determine whether a property will rent?I am currently analyzing many different markets and do not have a specific one set for myself. I am looking at comparable rental rates and purchase prices in each ...
Hi BP peeps! Looking for some advice. I am exploring selling a group of 25 rental properties conveniently located in a single well maintained condo complex comprised of a total of 200 units in South Jersey. All units ...
In the past I've heard some apartment complexes will let police live there rent-free. That sounds like a reasonable idea to me. Anyone have experience with this?
I'm looking at my first multi-family purchase (24 ...
Just something I never really understood is why people are compelled to buy apartment complex's? I've never really found a complex where the cap rate was over 6% and that seems really low even if you invest in rehabbi...
I have been investing in real estate for the past five years and have acquired 4 single family properties that are performing to my satisfaction. I am now at a crossroad where I am trying to make a decision to either ...
Investment Info:
Condo fix & flip investment.
Purchase price: $365,000
Cash invested: $60,000
Sale price: $525,000
Bought this at auction, it was abandoned a year before with all of the perso...
Hello my name is Rudy and I've been given the opportunity to acquire my first investment property. A little description on the property. It's location is 7774 Maple Ave. Fontana Ca 92336. Sellers price is $168,000. L...