I've got an opportunity to buy eight 4-plex buildings (all in the same development, but not right next to each-other) for ~$2.1M. I've talked to commercial lenders and they wont do it. Its time consuming and messy to ...
Hi,I have identified a 4 family complete gut renovation in a nicer part of Brooklyn. When I say gut, I mean it, there are holes in the floor and only 1 bathroom. Before I dive into this purchase was curious to get eve...
I am a newbie to this site. I got a colleague request from someone who is Account Closed. Intially I thought like it is a funny user name but looks like this persons account is closed by BP ( perhaps for violating som...
I bought my first strip mall 6 months ago. I am looking to buy another one in Oklahoma.What is an acceptable cap rate? I feel I need an 8% to 8.5% rate or better but the properties I am interested in are all in the...
My wife and I are interested in leveraging a 2-10 acre single family property into a longer term RV park with 8-15 pads.
We've been in communication with the county. Long story short, they recommend a process that b...
Hi everyone, I'm a long time RE investor in SFH rentals. I've also done well flipping Primary residences. States that I've owned in are PA, WV, KY an TN.My good friend has asked me for advice on purchasing his first p...
Hi all,
I'm just starting out in learning the basics of rental properties. I'm based in the North Bay Area California. While I am not quite ready to purchase a property yet, I wanted to ask how more expierenced land...
There are many strategies that people on this site employ: fix & flip, buy & hold, or buying paper instead of property. Giving this uncertain economy, which strategy are you using and how did you decide which ...
I live in Athens, AL and I found 3 properties I would like to make an offer on right away. There is a lot of schools of thoughts on earnest money. One investor says just do $100 and just say it's company policy and ...
Hi Everyone,Let me start off by saying thanks for reading this. I'm looking for advice.Situation:I purchased a 4-unit property in a pretty bad area, didn't know how bad it was until over a year into the purchase, bec...