Michael Sorensen
15-in-30 loan with balloon payment?
Hi All,I have what could be my first multi-family property under contract (a fourplex that cash flows decently well) and found a loan that offers 15% down for an investment-only (non-owner-occupied) property. The rate...
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21% Backed out of Deals in Phoenix in August - was it too hot?
Don't people know that Phoenix can be HOT in August or is it that interest rates have jumped up?
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PHOENIX — The ...
Josh Oaten
Multifamily Markets Strengthening In The Shadows
Many of the markets I am seeing at present are looking extremely strong for multifamily apartments. It is interesting to see that quite a few primary markets (Phoenix, Colorado, Charlotte, Indianapolis) are still seei...
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Tenant Did Not Disclose Current Lease
I just closed on a two family property and discovered the night after closing that there was a current lease in place. I found this out after entering the tenant’s apartment (which I thought was unoccupied) and activa...
Caitlin Young
Closed on first investment today!
Investment Info:
Small multi-family (2-4 units) other investment in New Orleans.
Purchase price: $525,000
Cash invested: $27,000
Purchased a 4-plex in the heart of New Orleans.
Daria B.
Analysis on mulit family how to get it to cash flow
Hi-I'm looking for duplexes, starting small...but of course multi-multi is out there in mass. However, +5 units do come with more things that I need to learn about before just jumping in.What I'm running across are fo...
Michael DuVentre
What are some things I shouldn't say or share with the seller to turn him/her off of the deal?!?! I am a newbie
I AM NEWBIE!!!! I want to negotiate my first WHOLESALE deal but what are some things I shouldn't say or disclose to turn the seller off ?!?! I am desperately trying not to act or seem like I don't know what I am do...
Vicki Gleitz
Section 8 inspections question
I am helping my son to fix up his rental. He is considering section 8. The house has a newer roof, newer windows, electrical and plumbing. New flooring,painting, countertops, all around refurbishing is being worked o...
John Woodington
What to do with Farm/Hunting Land?
My family owns a parcel of land about an hour west of Minneapolis. It's 78 acres, 40 of which are farmland that they rent out. The other 38 acres are woods and a river that we use for duck and deer hunting. Rental ...
Will N.
Buy and Hold Analysis
Hi Everyone.
I'm new here and to investing but was hoping to get your feedback on an analysis for a property. Full disclosure this is not necessarily a property I have any intentions of putting an offer on as I am ...