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Hi, i am part owner of a house in NY with only one mortgage. The property is in foreclosure. The loan is being serviced by Nationstar. I don't know if the mortgage is a FHA, BUT I suspect it is. Is there a group...
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I am walking a 4 unit apartment building next week. I can qualify for a bank loan (local CU) with current offerings (15% down; 20y amortization; 6.5% interest). The other option is owner finance (owner is open to it)....
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👉 Debt to buy assets is completely different from credit card debt (bad debt).
Leverage (when used correctly) is a powerful way to build wealth.
Here's how:
1. We buy an apartment complex.
2. The bank contribu...
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Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $2,000,000
Cash invested: $1
76 unit value add apartment complex
Currently cash flowing at a 9 cap rate with...
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Hi everyone,
I'm new to this. I'm helping my father expand his RE portfolio. He's obviously more experienced since he already owns one CRE property.
I have some questions.
He wants to stick to Bank Financing over ...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $72,500
Cash invested: $38,500
This was my first BRRRR and I was able to get into it with zero money out of ...
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What's the best funding source for financing the conversation of 11,000 sqft warehouse into apartment units in Hickory, NC? Do you know of any federal or state grants or Gov't backed loans?
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Hello,I have been learning about real estate in general and in my area (rural Spain) for a few months and following every single buy/rent offer and purchases made but I cannot find a deal where I have a confidence to ...
I'm looking to purchase a 30+ multi family to add to my portfolio. However, I need to find a way to put low money down on a loan. I currently own a duplex and using the brrrr method- I'm still in the process of rehab...
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BP Community:I am a new real estate investor seeking to purchase my first investment property. I am in need of advice of wheather to purchase a single family home or a single apartment unit.To provide you with a littl...