So, I have an interesting situation here that I've never come across before and could use some additional insight from other's experiences. I have a client who is buying a Duplex with intentions to make his primary r...
Hello,I am currently under contract to purchase a 4-plex in CT (3 residential units and 1 store front). The property also has a large parking lot across the street from a big employer and generates income from it. I h...
Investment Info:
Single-family residence fix & flip investment in Athens.
Purchase price: $97,500
Cash invested: $50,000
Sale price: $220,000
This was a beautiful home with great bones and in...
Investment Info:
Single-family residence other investment in Doylestown.
Purchase price: $80,000
Cash invested: $150,000
Sale price: $460,000
1-1/2 acre lot with dilapidated house. I demolished ...
Many times I have to address the difference between Replacement Cost and Market Value to my clients. Unfortunately, there is a disconnect between Mortgage Underwriters and the actual distinction between the two. The m...
I'm looking at my first duplex in the DFW metro area. Built in late 60's, 2/2, 2400 sq feet in older but established neighborhood. Renter who wants to stay on one side and owner occupied on other. Renter pays $700 ...
BP friends & family! I would love some advice on a situation we've run into with a triplex I'm trying to purchase just outside Detroit (River Rouge, MI). I'm still learning the technicalities of this, so forgive a...
Hi All!
I am very new to REI but have educating myself on and off for awhile. At this point I am itching to invest in out of state properties, as I live in San Diego, CA and it's extremely hard to start in my city. I...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $4,000
Cash invested: $30,000
Purchased house with foundation wall collapsed. House was condemned. I saved cash fro...
Hello
I am new to BP and am taking some time to read all the information that is available here. I had a question for investors in the NYC area. I live in Teaneck NJ and in my particular area many of the homes purcha...