Hi all, I’m currently in contract for a 2-family in Jersey City (newly renovated in B/C area). There are no washer/dryer in either unit, and the closest laundromat is 0.5 miles away. I’m considering installing a set o...
Can someone please explain exacltey how do CAP rates work, does it go off the sales price or the money you put into it. lets say an apartment building for $500,000 with a 10% cap rate. Does that mean $50,000 a year in...
Hi everyone, first post here!! Here is my question...
Myself and three others are looking to purchase a senior living community (assisted living) w/ a SBA loan. One of the parties (Nancy) owns and operates on...
Hi BPers! I've recently rehabbed a 2flat and have closed on a pretty turnkey 7unit building. I am going to provide coin-operated laundry units in the basement of both properties. Thinking 1 set for the 2flat (2 units)...
I previously posted a different deal. This is a lower priced one. Below is a snapshot.
[b]Ratio Information
Loan to Value 80%
Cashflow / Initial Investment 8%
Cashflow / Assets 2%
CAP Rate 6%
TOTAL OPE...
Looking at a large two story 6,000 square foot home. Kitchen on each floor and 7 bedrooms and 5 bathrooms. House is huge but its proximity to a major road diminishes its value and it is in a flood zone, which I am equ...
Hey Guys,This is my first post so I welcome criticism and suggestions for improvement in presenting this data :) The listing details are below along with my cash flow analysis. I came across a listing from a friend ba...
First Post! Avid listener, and finally found a good opportunity to buy a Bed and Breakfast in my city of New Orleans. It has the potential space to serve as a event venue, STR, and bed and breakfast. I am looking for ...
Wife and I currently have three small multifamily homes (fourplexes) and are looking to expand our portfolio. We purchased the three properties with cash and are looking at creating an LLC to move the properties into....
Hello BP,As the title suggests- I have 2 individuals each willing to invest 50k into a multi-family unit (asking price 450k). My plan is to purchase the property using the investors' funds for the down payment and my ...