We have placed an offer on a bank owned property that was listed at $172,900. We offered $155k and asked that they pay closing costs. It generated a counteroffer of $172k with them paying closing costs.
Any advice on...
Hi All,I've been listening to @Brandon Turner and @Joshua Dorkin on the BP podcast a lot lately and I keep getting crazy excited about house-hacking a MFR 3 or 4-plex to live rent free and cashflow on a property. Eve...
I'm planning to form an LLC to purchase my next single family residence as a mid-term rental. (I currently have 6 performing MTRs in my name.) I will be selling a percent of the equity to an investor for the cost of d...
Hi, I just ran into an unusual situation and was wondering what experience others have. I have had multiple commercial loans over the years, and many now require a fresh set of financial statements, rent rolls, etc. ...
What if one part-time side hustle could replace your entire income? Even better, what if you could keep your full-time job and spend a few hours a week making thousands extra a month, raking in cash, and reaching fina...
Hey guys,I’m relatively new to BiggerPockets and I am having a hard time understanding our current market conditions. I am from Long Island, New York, last summer due to COVID there was lots of cash buyers entering th...
Ive been re- looking at all finance options for flipping and multi units. Banks, Portfolio Banks, Local Mortgage Companies, Nationwide Mortgage Companies... Ive used banks, local portfolio banks, credit unions & l...
I have a 5-plex that has been for sale since late May and I've gotten very little interest in it. Am I being too optimistic that it would sell in a couple of months or is there something I'm not seeing? The cap rate...
Hi There,I was talking to a friend of mine who was wondering if it was possible to purchase a Duplex together where they would get one unit and I would get another. Is this something that is possible?How does it work ...