Brett Veasey
1st post looking for advice on1st rental
I have come across an opportunity to purchase a rental home from a friend. Currently has a long time tenant (8 years in the home and re-signed another year lease in December) paying $1600 per month. The house is value...
John Matthew Johnston
Would You Do This Deal? Napkin Math
Deal5 plex- Four 2-1 and One 1-1Current rents 4650Possible to raise to 4800-5000Asking price 475,000, offer of 450,000 accepted. Place is in excellent condition and well maintained and fully rented. New roofAll new ba...
Ryan Russell
Refinancing Multiple BRRRR Properties in a single year?
I recently came up with a plan to (over the course of 10 years) purchase multiple BRRRR properties using cash (savings/private money etc.) and I was curious if it was feasible. Here's how it goes in a very abbreviated...
Andrew Brink
Joint Venture Template
Good Morning BP World! I am reaching out to see if anyone has a good, but basic, JV agreement they would be willing to share in a word document? All your help is much appreicated! ThanksAndrew
Ashish Khera
Cash vs Mortgage question
Hi All,
I have just started out on my RE journey and have 2 properties. One turnkey and one other SFR. Both of these properties are financed with a conventional loan at 25% down. I have a question about financing.
...
Tyler Sellars
Mortgage A vs. Mortgage B - Which is a better choice?
Would love to learn from the community on what is the better deal for an investor. Bank A is offering me 3.69 5 years fixed 30 year amortization - CIBC is offering me 4.89% 5 years fixed 30 year amortization but with ...
Drew Brock
Newbie seeking advise on owner financing
Hi,I been looking into taking the plunge on a property. I have come across a possible deal that I may try to obtain via seller financing. The person inherited the property and doesn't owe anything on it. He has exp...
Travis Washington
Determining Initial Offer Price!
Greetings my fellow BP colleagues,I currently have a place that I am interested in that is listed at $52K and is turnkey (recently renovated) with rent going for $800. At that asking price and rent the CAP rate is 18%...
Nia Dixon
Looking for insight
Good afternoon, I’m just starting out trying to invest into some properties in California , Arizona or Nevada and was wondering which cities for someone on a budget would be great to invest in a multi-family unit ?
Des Shei
Duplex analysis
i'm talking to a fellow realtor regarding a free and clear property that has been on the market for about 4 months. each 1/2 duplex is listed for 79K. The seller doesn't appear to be very motivated(would only budge 5-...