This is kind of an embarrassing question but I'm trying to find an article or blog that lists decent ranges to consider on certain criteria when evaluating multifamily (i.e., cash on cash return, CAP rate, etc). Does...
I bought a condo in Denver in 2006 for $2,700 down. I owe $30k and it is now worth $100-$110k. I cash flow about $250/month, which is nice, but I would like to put some of that equity to work as down payments on more...
I came across this website:
http://assetadvisor.mfgcapitalgroup.com/p1.html
I talked with John Frazier of the above company. Seems to be a reputable company but the claims are too good to be true. So, I...
Hey everyone, I’m very new to Biggerpockets, but love that there is such a huge network of experienced/aspiring investors. A little bit of background, I’m an accountant, and I have 1 rental property. I have $100,000 l...
I have a neighbor that is in a distressed situation. She is in foreclosure, with a primary mortgage, secondary mortgage, and an additional lien on the property. She wants to sell, pay off all her debt, and move out of...
I am looking at a few designs for this duplex layout. There are complex reasons but just understand that I am limited in footprint and cannot add more total square footage to the build.
My opinion is that the Master ...
Can someone please define portfolio lending for me. I am reading conflicting posts. I need to purchase several properties in a new market area to satisfy a 1031 exchange. I am retired and will not qualify for a conven...
I’m brand new to the REI world, stumbling into it after hearing a comment my stepson made to my wife: “Why does your generation only focus on being mortgage free?” My first reaction was to dismiss it as 20-something i...
My partner and I plan to buy a home (single family or duplex) and house hack. We are not comfortable with sharing rooms with the tenant, so a separate entrance such as an ADU would be ideal. We are considering purchas...
Hard Money: What's covered by what?
In trying to figure out what loan is covered by what law, people will ask, "is it a one to four family residence?" Or, "is it owner occupied?" Is it commercial property?
Do...