Nick Wehrley
Buy Down Interest Rate or Larger Down Payment
Hey BP,Question is mainly in the title. Should the interest rate be bought down or is a larger down payment the better option to make rental numbers look better? My initial thought is larger down payment and I can alw...
Clarence Smith
URGENT Help Needed! Buying a triplex in Philadelphia classified as two family dwelling
Bigger Pocket community, I am due to close on a house in two days. The triplex (house having 3 one bedroom apartments) is zoned RM-1 but only classified as a two family dwelling. Will this present any real issues? S...
Danny Lambert
No inspections for a duplex
Hello,I am considering duplexes where no inspection is allowed because the property already has renters. Is it unwise to assume that a property does not need major repairs because it already has renters? Or do I just ...
Daniel Roure
Mediation Process - Issues during inspections
Hello everyone! I just had an unexpected issue while buying a property and I would like to get some help and/or direction. First of all, thanks for all your answers! Well, the issue is the following. We made an offer ...
MARK F.
What’s the Reality of Acquiring Positive Cash Flow Multi Family
Greetings!
I am seeking the knowledge and experience of seasoned Multi Family Investors.
Investing in Multi Family Buildings has been a dream of mine for several years. A few months ago I graduated from dreaming to...
Khaled Seirafi
Contractor clashing with city, not completing project (CA)
Hello everyone. So I got a notice in December from the City of San Mateo's code enforcement unit to replace an exterior wooden staircase at my family's property with one that's up to code. I hired an engineer to draw ...
Bradley White
Is there a standard purchase agreement for larger apartment complexes?
Is there a standard purchase agreement for multi-unit apartments, larger than 5 units?
Carrie Zhang
Higher Purchase Price v. Higher Rehab Cost
Hi BP! I'm looking to do my first fix and flip deal in a new market, Upstate New York (Hudson Valley areas). I have rehab experience with SF long-term rentals in MI, but it has been a few years since I've been close t...
Forrest H.
Partnership Structure and Incentives
Hello, I'm considering going into a real estate partnership with someone I've known for a while now. We're looking at purchasing homes in college towns, doing some renovations and adding rooms, and renting out rooms ...
Nick Mulligan
Getting ready for first multifamily deal
Hello all,I am trying to get into multifamily investing soon (by next year) and am thinking about purchasing a 3-4 unit as a first time home buyer and house hacking. My ultimate goal is to be in the commercial space a...