Will C.
203K loan questions and referral
Hello BP friends,Im interested in possibly utilizing a 203k loan for my first investment for either a SFH or MFH. Are their any disadvantages in using 203K? Are their any negative implications to possible forced equit...
Bryan Lee
Cash for Keys Question
I found a property that looks like it could be a good deal but there is a current tenant that is not making payments. I was wondering if anybody has done cash for keys as part of closing and escrow.
Here is my ide...
Stephanie Szeto
Buying with Cash vs Loan
Hi there - I'm Stephanie, a relatively new BP member! After doing a lot of research, I'm at the point where I'm looking to start buying my first property. As I've started to think about how to finance this property, I...
Caleb Hoover
Single Room Rental in Primary Residence
Hello Bigger Pockets Community!My wife and I recently purchased a new primary residence in Philadelphia. We plan to rent out a bedroom to a trustworthy, reliable friend given that we are not using the entire space (3 ...
Martin G.
Converting Electric on SFH to Duplex--Big deal??
Hello ! So, I've come across a nice 4 level SFH in Cincinnati that I would like to owner occupy as a duplex. The actual splitting of it from an entry way and putting-up-of-walls standpoint seems pretty cut and dry. H...
Account Closed
New...i'd like to intro myself and ask......
HI,
I am not new to investing, as I trade securities for a living...mostly stocks, bonds, and futures. However, I am new to Real estate investing.
I have a question that has to do with what is essentially considere...
Scott McDonald
First leads! Junk Mobile home and a landlocked lot
Hey everyone,my partner and I have been attempting to follow the re tipster and land geek model for raw land investing / flipping.After 3 mailings with about 800 postcards we have gotten 3 phone calls. 1 guy threateni...
Sam T.
How to value a duplex in area of only SFRs?
How does everyone estimate value for a duplex in a neighborhood where there are no other duplexes? I'm sure there's no exact formula here (I hope I'm wrong about that though!) but what would be a rough way to approxim...
Adam Gamboa
ILC Survey - Fourplex
Hi! I'm a new investor and going under contract for my 1st fourplex. I'm looking for advice on ordering an ILC/Plat survey - would it be a mistake not to get one? How can I decide whether it's really needed? The prope...
Chris Hansen
Help analyzing a deal
Looking at this deal and was hoping to get some help from the BP community. 4 duplexes with rents totaling $5000. Some month to month, some 1 year leases. So my numbers are:Rent $5000Expenses @10% $500CapEx @10% $500P...