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Off market dealPurchase price 110k20% down1150 in rentMarket value as is 135k$400 cash flow19% cash on cash returnNow I don't have a huge savings in my Roth IRA, but I have enough to fund the rest of the down payment ...
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My husband and I have been house hunting and are about to submit an offer on a house in Bothell.The sellers would like to stay past closing and rent until they find a house. Our agent says this is common. BUT we recei...
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Hi! Finally in a place where I have financing available and motivated to purchase out of state.Goal is to keep purchase price down (lower risk intro purchase) and secure some connections in the potential market.Lookin...
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I'm new around here. For the past several months I have been reading all I can get my hands, now I am reaching out for wisdom and guidance. For someone who is interested in walking the path of becoming the bank. What ...
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Hello and HAPPY SUNDAY BP!! My partner and I went to an awesome meetup in Philly. The speaker was a multifamily investor and has been in the business for a number of years. He offered so much content in the two hours...
Hi AllI am a newbie and have no idea where to start. Can someone please give me some pointers?ThanksJay
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Hi all!Joined BP about a week ago and have spent the past week digesting info here and elsewhere. I have only owned one investment property (residence turned rental) which I sold at a great time, and now looking to g...
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My name is Sander Swenson, I am largely new when it comes to investing in real estate, but my father has been a property manager in the Bay Area since I can remember. I've been around Real Estate my entire life becaus...
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After several months of preparation and searching I've finally got my first property under contract. My goal is to rehab and flip the property within 3 months. Any feedback would be greatly appreciated. Here are the p...
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My general contractor is quoting me:$32,000 to prep, paint exterior of the home$19,000 to replace asphalt roof$23,000 to prep, paint the interior$19,000 wooden floor refinishing (polishing, filling in any cracks)The h...