Hey BP, I'm a novice investor just getting started in RE. I have been trying to analyze deals and here are my numbers on this property at 225 S Stapley Dr in Mesa, Arizona (commercial multifamily). Really if anyone co...
This is my first post on here. I'm looking for guidance on how to get started investing in real estate. So here's where I'm at currently. I own a home in Texas that's worth about $125-130k. It was a foreclosure I ...
There is currently a house available on the market for 9,700. A 3 bedroom 1 bathroom house. I later found out that asking price is 9,700 is because of mold. I am currently a teacher and make about 31,000 a year. The h...
Starting today- Fannie Mae has updated their down payment requirements for 2-4 Unit properties when you live in one unit. To buy a multi units property- the down payment requirements use to be:
2 Units:
15% Down
3-...
Which evaluation rules do you use to quickly assess a multi-family's (2-4 units) suitability for a closer look? It seems to me the 50% and 2% rules wouldn't be applicable because of the multiple unit factors for some ...
Hi, all. I am a newbie in real estate investment business. Still learning pieces of it to build my own company or profolios. I'm reaching out to seek for advise on creating an entity - LLC.Is it true that I need a ...
TL;DR: Looking for a financial analyst/planner to help me with quantitative tradeoff analysis to help me decide whether I should sell (some subset of) my 5 rental properties so I can afford to purchase a single family...
Hey BP fam - new investor here, looking to do a house hack in the inland empire. Trying to get something together by March of next year - under 1MM, ideally 3-4 plex, seller financing preferred. I know CA has stipulat...
So one of my old co-workers is selling her condo, Its 3 be 3 bath 1100+ SqFt. Its off of Illiaff (c to d area) Shes willing to sell it to me for 70k, It has almost been completly remoddled (1 bat kitchen and some othe...
Hey everyone. I'm lining up hazard insurance for my first rental and I wanted to put some details up and get some opinions on if I missed anything.
Rental Details:
SFH - Purchase Price $49,900
3BR - 2 Levels - $1358...