Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $79,000
Another INF CoC return BRRR complete!
Purchased price: 79,000
Rehab Cost: 91,000
Appraised va...
There is a great deal for a house in a flood plane. This house seems to be the only one that has water issues. I had another investor tell me not to be scared of a property in a flood plane, even though it will be a 1...
background: I am the seller. House is located in California and theres no mortgages or loans on it.TITLE/TAXES/RECORDING CHARGESOwners Title Policy $975Sub Escrow Fee $62.50Wire Fee $35.00Recording Grant Deed $35.00Do...
Hubby is retired military with a nice little pension. We own 7 rental properties (each one has a mortgage) 10 doors (3 are duplex/main house with guest type of properties) and they have substantial equity (500K over...
Hi everyone,I will be closing on my first rental property in December (yay!) - It is a 3x2 side by side in a quiet family neighborhood.The seller will be leaving just 1 fridge and 1 stove so I will need to buy applian...
I am an aspiring Real estate millionaire who wants to follow BRRRR, buy and hold properties for long term. I want to build generational wealth for myself and my family. Right now I dont even have the money to invest i...
Is anyone doing this? I understand it is somewhat limiting, but it seems to me that paying off the house you have, buying another, paying it off, buying another etc. is the safest way to go. who else is doing it?
Should I pay an extra 30k above the appraised value? It is multifamily. After said expenses, fixed and variable, it would net 2k a month. The CoC is 34% and the cap is 7.6%. I just dont feel good about paying an extra...
I'm curious if any Milwaukee Pocketiers, as we have coined ourselves, could share whether they've made a purchase through Homepath and how well the process went for them.
I guess I am a little frustrated ...
I know this topic is all over BP, but I'm a little unclear on one of the main downsides people point to when it comes to being licensed, which is liability and disclosure. What specifically is so bad about having to d...