Hi BP,I am looking to buy a multifamily with two friends in San Diego. Have to get more people on it since the high price in SD. Here is our situation Friend 1: Main Borrower. No Primary residence so this multifamily ...
In your opinion, is the 1% rule as important? I’m considering 2 properties as they are both very close to the 1% rule. There is some upside in raising the rents but some are long term tenants.
I'm really itching to start a flip. I have come across so many "potential" homes in my east Tennessee area but I don't know because I'm no contractor. I want to start talking to contractors about walk throughs but do...
Hello all, GREAT site! Been involved with RE for several years, flipped a few, rented a few. Part time for the most part, but coming up on a military retirement and not planning to work for anyone from here on out. ...
I used to buy turnkey rentals and it seems like the trend in 2013 Memphis, 2014 Atlanta, 2017 Indianapolis, 2018 Ohio ? What do you think the next secondary market that all the out of state buyers go to next?
So, i went to an open house that both my fiance and i are interested in. The broker told us that she purchased the house at an auction and she is re-selling it. I guess it was a foreclosure (ughh.. wish i knew about t...
Hello BiggerPockets members. I am sure you all are very busy and I appreciate anyone that takes time to read and/or respond. I am literally a newbie to real estate except for the 4-5 home purchases I have done for my ...
Hello BP Friends - I am looking at a Triplex in a small town. Good neighborhood. It's fully rented out currently. It was built in the late 1800's. All 3 units are 1bd, 1ba.Owner wants to sell without listing, says the...
Newbie question: looking to buy a duplex...is there any problem paying the market price (vs trying to find one below) as long as it cashflows?
I been shopping around for the past 2 weeks and the best I have seen out here in my local market Los Angeles is 5.875% 30 year conventional fixed (25% down) with 1.25 points for a 2 unit investment loan duplex? A lot ...