I'm looking for an exit strategy , if I did decide to use my heloc to purchase the property cash any thoughts or suggestion on an exit strategy. or maybe something you did, My long term goal is always cash flow. Thoug...
Hey everyone!
I have a 12 unit value add deal under contract. This is my first step up to real multi family. I currently have duplexes and single family rentals.
About the deal:
725K purchase price
108K gross rent
...
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $2,475,000
32 units, all 2 bed, 1.5 bath. A value add play in the desirable and quickly growing Hikes Point neigh...
So me and the wife just completed our trip to Birmingham and thought we would share our experience and thoughts.
Birmingham is a small city but you would never guess from the way it is spread out. The terrain is bea...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $196,000
Cash invested: $42,000
Sale price: $369,000
Contributors:
Peter Vekselman
Partner Driv...
Was reading 7 Years to 7 Figure Wealth on this site and I'm at Year 5 - basically he takes roughly the same equity I have and trades up his 3 properties for a multiplex, that got me thinking about my current situation...
Hi, I’m relatively new to REI and BP. My In-Laws are looking to sell their home located in Garden Grove, CA within this year. Their “as is” home value is currently way below market value (I.e house very dated, needs w...
Hey All!Bought my home Dec31 2020 in Van Nuys, CA (Los Angeles) for $586k. (5% down, 2.99%)Seeing very similar homes in my neighborhood (with even worse specs/curb appeal) going for high $800+ as of 2021.Not ready to ...
Investment Info:
Large multi-family (5+ units) commercial investment investment in Spartanburg.
Purchase price: $2,900,000
Cash invested: $100,000
39 unit, B-Class asset in downtown Spartanburg which...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Fond Du Lac.
Purchase price: $170,000
Cash invested: $1,100
Used a construction loan and seller credit to have only ernest...