Where I'm at today:
A) getting 1.2m cash-out of my 8 family in Brooklyn, at 5.75/ 30 year adjustable with $60k in closing costs (NYC Mtge tax is 2.8% so that's 33,400 right there). ** How's that sound? Are there be...
Hello all,My great uncle approached me a few days ago about managing his rental properties and I’m not really sure if I want to get involved. He’s approaching his 83rd birthday and can’t take care of them at this poin...
I'm looking into a couple large apartment complexes in Brownsville and just sent out an Loi for one of them. This is for a long term hold for at least the next 10 years. There is an 18billion dollar gas plant that is ...
Hello Biggerpockets audienceI recently been reading a good amount of posts of Biggerpockets members sharing horror stories when investing long distance. There is also likely 10 horror stories that is not shared for ev...
I found a perfect property - for personal residence that I would really like to own. Need some good advice.List price is $575K and three recent sales of the exact same townhouse are in the $515 to $532K range, selling...
Hello,First I want to apologize. English is not my first language.I purchased a retail building with a single tenant about a year ago. The lease states every year it adjust to the Bay Area CPI San Francisco/San Jose/ ...
Hi, all. I am just getting started as a REI and could use some advice.
I got into contact with another local investor/flipper who also wholesales occasionally. He offered a property wholesale, with this dea...
Hello all. Here is my situation:I bought a house with my VA loan in 2013. The maximum allowed in Maryland was 417K and I used $410K. The home is now estimated on Zillow at $470K so I have a small amount of equity buil...
I’m very new and I just have a quick question and thought I’d come here. Ok so I have a hard money lender that charges $3500 or 3.5% (which ever is greater) origination fee. Say I find an off market rental for $40,000...
We are brand new to wholesaling and have been spending the past month immersing ourselves in webinars, podcasts, training, etc. We have all of the formulas down for building a deal, determining ARV, rehab budgets, etc...