Nathaniel Schmitt
Financing low value homes
Just got my first offer accepted on a home that has a current tenant and will cash flow on closing day. The offer is for 65k all cash. I have the funds to pay cash at closing for this property but would rather use lev...
Kunal Lakhwani
How to opt-out of 4D affordable housing program in Minneapolis?
I am currently under contract on a property that is enrolled in 4D affordable housing program. The current owner stopped complying recently.As the buyer and future owner, I would like to opt out of the program. Is the...
Christopher Chen
Would you pursue this out of state property?
I am a new commercial real estate investor. I have never owned any commercial real estate before. I have two residential real estate rentals both locally. This potential new property is out of state, which makes me a ...
Julie Tran
HELOC before applying for investment property loan?
Hello! My husband and I are planning to buy our first investment property. We are currently refinancing to bring down our DTI. We did a pre-qual with a lender to get a rough idea. The amount is what we need for th...
Rachel Rendall
Can you sell individual units of a fourplex?
Hi BP community,I am interested in buying a fourplex, but the downpayment will be substantial. I am wondering if after buying the fourplex I would be able to sell one of the units (each of the units is the size of a s...
Mohammad Zahid
Need help with my first flip
So I've been highly interest in investing in real estate for quite sometime now. I've watched numerous podcasts, read many books, I even passed my real estate exam to become an agent. After looking around for deals I ...
Daniel Afonso
Rookie seeking financial freedom
Hey fam!
I'm Daniel, a complete newbie in this field, to be quite honest. But my background and experience is in Business Development, and Marketing Strategy in close integration with sales, so I figure I at least h...
Ralph Ace
Down payment with Heloc
I want to purchase an investment condo for $150,000.I want to get Heloc loan from my other investment condo for $50,000 and use it as downtown payment for this condo.Can I get a 30 year fixed conventional loan for $10...
Gretchen Roberts
Apartment building appreciation: rule of thumb?
Do apartment buildings appreciate in the same way single-family homes do, only at a lower percentage, or is the value of the building at the time of sale based solely on NOI and cap rate? I'm working on a long-term bu...
William Ware
Cash vs Financed
Just wondering the pros and cons of each. Currently I've purchased all my deals (buy and hold) with cash..but was wondering if I may be missing out.