I am getting to be “too close” to this deal so... would you invest in this?
I’m already under contract but can back out during due diligence.
-118k price
-7.5k closing costs (so high!)
-20k repairs
= $145k all i...
Hello BP,I have an interesting problem. I currently own 2 duplexes in my home town. 1 has tenants and the other I am house hacking. I am ready for my next deal and have hit a wall with conventional financing. The bank...
Why shouldn't I buy a duplex as a first time investor in Cleveland vs a Single family home? Assuming getting pre-approved and cash for the down payment isn't an issue what are the reasons to avoid a duplex?I assume it...
I am teaming up with a realtor friend and a contractor friend. I will be acting as the private lender for the entire purchase/remodel, the realtor will be our deal finder/seller and be paid commission, and our contrac...
This topic may be a bit more esoteric than most on this forum, but it does matter to me, and it stands to reason that it might matter to others. I posted a quick comment related to this in another thread and got a th...
Morning all.. so here it is, 9:15am on a Sunday, I’m drywalling the kitchen of a half double I own and am rehabbing. I own the other half also. I waited until 8:45 to start working. My tenant in the other half just te...
Need some advice. I'm looking at a 12 unit property that IMHO is overpriced because it breaks even ($0 cash flow) after all expenses and debt service (1.0 DSCR). Cap rate is 5.8% which doesn't seem too bad. I'm try...
I'm looking for leads to wholesale in the list of notice of default, but before I knock on someone's door I just want to ask what should I say to them without offending them?
Novice high networth & income investor eager for feedback on strategiesHi Everyone,Due to my job and gracious family gift, I have some capital ready to invest (refer to below for details). I have been listening to...
Hi everyone,One of my goals in real estate is to not only house hack in the US, but house hack in Europe as well. I am in college right now and am hoping to get a remote job in the future where I can make this possibl...