I’m interested to know the current cash on cash ROI goals for BP members when investing in small multi family properties.Currently I shoot for 8-10% including vacancy, capital expenditures/repairs, taxes, mortgages an...
I am incredibly new to investing and still in the research phase. Scenario 1: Out of state turn key for 100k, after rehab should be about 150k, rent about 1300. Bank will want 25% + closing costs + reserves. How do I ...
I am in the process of closing on a duplex that I plan to do owner occupied, near Providence, RI. I am very close to a local college and have been starting to wonder about renting to students. For those who have don...
Hi,I purchased a rental property with my self-directed IRA (all cash) in 2013 using an LLC set up for me by an attorney. I recently discovered I can borrow against the property to get cash for down payments on more r...
Hi BP members!I had arranged to buy a commercial property with a mix of seller (3 yr term), debt, and equity financing. However, as we were discussing the details in the purchase agreement, I leaned that because of th...
Hi, I am looking for thoughts on structuring a partnership on a short term rehab with my brother. Until now I have been doing rehabs by myself but I am looking to grow and realize the benefits of partnerships. The ...
Hello,I am working on getting an offer in for a duplex for a potential house hack. I have run into a scenario where a friend of mine who is a real estate investor who is doing well recommend me to put down a good amou...
Hi all,I'm looking at investing in a BRRR deal with a friend/private money partner. I know that the typical way to use private money for a BRRR or a flip is usually just to borrow the money at a fixed rate of return a...
Hi BP members! I just want to get feedback on which is the best route to take. I typically pay for properties cash and I usually leave the cash in the houses I get unless I need the cash for another project (Think of...
I’m familiar with conventional loans for MF 2-4 units. What are terms like for a commercial loan for a 6 unit, under 200k?