Brian Hinkle
Merger of Entities
I'm looking for ideas on how to best coordinate constructing new buildings to an existing apartment complex in PA. Our current lender requires that the borrower be a "Single Purpose Entity" and has specifically stated...
Bill Gostevskyh
Don't want to use family or relative money.
My house got forclosed on and was bought for $151,000 in Oregon. Its worth easy $380,000. And fixed up $480,000. I have 6 months right of redemption to buy back. I have 2 family members that can easily. Worst case wil...
Colin Alsheimer
Buying under FHA 203k, ultimately flip to conventional... how does this work?
Hey there - looking into my first investment - a MF property in the Boston area. We're planning on getting this with 3.5% down under an FHA 203k loan, and putting 50k-100k into repair and upgrade costs. We know that t...
Charles Ngansop
DUE DILIGENCE: ARE PROPERTY MANAGERS PART OF YOUR TEAM?
Due diligence is one the most complex task in the acquisition of a multifamily, especially when dealing with a large scale building or any type of building located in a hard to analyze submarket.Property Managers (PMs...
Jared Lomker
Becoming a developer
I have always been interested in development of land. Any recommendations on books or sources to better myself?
Craig Garrow
Where do you park your free cash?
Hey, everyone! I'm in the process of buying my second property, which would give me 5 apartments total. This would give me roughly $1000/month in cash flow between both properties. I want to keep about $10,000 in cash...
Johnathan Butler
How should I Proceed With This Deal in Philadelphia
Good Evening BP Nation,I have a potential opportunity to put together a deal but am not exactly sure how to proceed. Situation: My mother-in-law owns a house in the Point Breeze neighborhood in Philadelphia. There is ...
Heath Jones
How we went from 0 to 20 rental units in first 3 months of REI
Last February 2019, my wife and I purchased our first rental property. After looking and analyzing several single family residences (SFRs), we decided multifamily properties were a better way to scale quicker. We put ...
Linda Govan
I want to do my first flip
I am wholesaler that has found a property in Chicago, IL. The owner is out of town and half completed the rehab 7 years ago and its just been sitting. I want to do an owner finance with her. I like the wholesaling b...
Chris Gahn
3-Family in Poughkeepsie, NY bought Feb 2018
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Poughkeepsie.
Purchase price: $180,000
Cash invested: $40,000
3-Family up and down with 2 3BR/1BA and 1 1BR/1BA. Walking d...