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I will do my best to give a brief description of a property I looked at. My question is to how determine a fair offer? The building at one time was utilized as a rooming house, with an attached bar, and attached sto...
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Greetings,I’m here seeking guidance on a potential deal. The property in question is a commercial property with 9 apartments and one retail space that intend to place my business in. The goal is to own the property in...
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Hello All, I'm a new investor and I recently acquired a property that has a commercial 1st floor and several apartments in it as well. The apartments were all in need of rehab and are vacant. The commercial space is o...
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Hello, I have never purchased a property but am looking at buying one this summer and would like some advice/knowledge.
Background: 3 story Victorian house. 2 bedroom 1st floor apartment, 2 bedroom 2nd floor apar...
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I can't figure out why the NOI figure shows $15k. Unless I am missing something, iAm I doing something wrong?Purchasing the property for $110,000 with hard money (13% & 2 points) and then doing a rate term refi (p...
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Is it harder to house hack more units ? For example 16 units or more.
Hey BPers!
I'm buying my first property a 6 unit apartment building in cash.I don't want to keep my money tied up and want to cash out re-finance.I'm hoping to have your opinions on these questions:-How long do you t...
Ok I'll try and be short and clear. My mom died last year April 2023 2 years prior my step dad died. My mom had a trust set up for her apartments to be split evenly amoung us kids. After she died my sister gets an ol...
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Looking for banks willing to do cash out on a commercial loan in small market!I purchased a small fixer upper apartment building in a small town of 35,000 about 45 min outside a decent sized metro. My funding options...
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Hello everyone, I am looking for advice on how to finance my first real estate deal. The opportunities I’ve been interested in are multi-family residential apartments. I’ve found a few different apartment buildings fo...