I am sure there are many pros and cons to both being a landlord and doing owner finance deals. Should I do them both? What are the advantages/disadvantages of one strategy over the other strategy? Here are my though...
Hey all!I’m having trouble finding a commercial lender willing to refinance a 4 unit commercial building I’m about to purchase using a hard money loan.Of the 4 units, 3 are residentially rented, and 1 unit downstairs ...
So I have an individual that wants to sell me three parcels of vacant land where I reside in the Cleveland area. now I am looking on the website after I went to look at the land and one of them says that it is 2 acres...
Hello BP! I am a new member to BP and just sent out an introductory post. I needed some recommendations on the best way to proceed with a potential property that I have found with regards to flipping it.
The property...
We’ve done online research and despite the competition, we’re ready to buy a home here. It will be used to live in at first with an eye on renting, seasonally perhaps, after that. We’ll be touring the region in the ne...
I'm a new member here and I'm currently in the knowledge accumulation phase. I live in NYC and I'm interested in relocating to a (relatively) smaller city, purchasing a multi-family property to fix up, move into one u...
So, our latest SFR is closing soon and I am already looking at the next deal and hope to move to flipping, long term.
We have 3 rentals and that is our limit on rentals we will hold.
House has 35k mortgage and with ...
Why is positive cash flow mandatory in a real estate investment? I understand looking for positive cash flow is a good proxy to avoid making bad deals when you’re a beginner, but if you’re careful in your estimates an...
Hello BP familyPlease review this deal. It is 14 units within a 90+ condo complex. 9 are 2 bedroom and 5 are 1 bedroom. All but three are AIRBNB and rest are long term renters. This is not my first deal as I have 2 ot...
Have found a STR property in Florida that has a good history on VRBO and AirBnb since late 2015 until now. Seller has provided me with booking/revenue numbers going back to 2016, and is claiming the property was book...