Hi there!My partner and I are looking to create a portfolio of long term rental properties to create freedom and independence from our W2 jobs, and create a foundation for generational wealth. Having a toddler now has...
I've begun running numbers on properties and would like someone who has experience to lend a helping hand. For properties that are basically turnkey, already renovated, and appear to need very little work, I've been ...
Hi there,I am looking currently looking at the Seattle market for my first property, ideally a 1bed 1 bath apartment. I would be living in the unit after purchase, but am hoping to eventually rent out. Running some qu...
To all my Fellow BP'ers:I reside in the Great Pacific Northwest (Seattle) and have been off an on dabbling with Real Estate for the past 2 years (since 2014), but have not been able to purchase my first investment pro...
Good afternoon. I've been saving money and looking to do something by June of this year. By that time I will have 20k saved up. I live in Southern California and property here is insanely high so I've been looking els...
Hi BP! My name is Tony Scarangella and I currently live in Queens, NY. I’m a newbie investor with exactly zero deals under my belt. A little about me and how I found the community...For the last 10+ years I’ve worked ...
My family recently purchased a Multi-unit in Chicago (our first). The basement unit was unrented but had two bedrooms, a kitchen and bath already in place. We wanted to make the space a lot nicer to rent to a family m...
Hey BP 👋
I have 0.98 acres zoned for multi family in Apache Junction, AZ.the city says up to 22 units on 1-acre can be built. i also own the adjacent 6-unit apartment building. One of the Principal Planners for the ...
Hi everyone. I'm hoping you can help me find some good DSCR lenders and give me an idea of the going rates? I was quoted 9.75% for a DSCR on a rental property recently. Is that average? High? Low?! As I am shopping, w...
This seems unintuitive to convert a hotel to a multifamily, but from my underwriting it seems for the property I just got into contract (in the mid west) a multifamily conversion seems more lucrative than operation as...