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I am looking to get a sanity check on the prices of some electrical work for a 3 family house in Boston. First, I need to completely rewire 2 of the apartments. They are 3 bedroom 1100 square feet apartments with a ...
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Here are a couple basic questions to finance an owner-occupied 14-unit apartment complex priced at $3m...
What is the min. down payment required?
Is there such a thing as "stated-income" for a commercial loan?
(Selle...
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I would love to hear from those out there who self filed their taxes for their new REI LLCs in the first year without any investment properties/deals yet. I’ve heard many say not to bother hiring an accountant/large f...
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We get asked this question a lot. Here are some things to consider. Define Your Budget: Determine your overall budget for the project. Consider factors such as the scope of work, materials, labor, permits, and contin...
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Good morning all,thank you in advance for your input. I am looking to do my first deal and have decided to go the route of building a duplex. I am faced with a decision of paying 50k> to purchase a lot in a regulat...
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So I'm looking into acquiring my next property. And I have one in my sights. A run down 6 unit. It needs some updates. But otherwise pretty good shape. But my contractor has advised me that in the great city of Low...
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Subject-to deal: Cash required: $35k + 295k existing mortgage + 5k in misc = $335k for a 350k 2021 house.Pros202135k needed3% int. rateGood schoolsGood location CONS$145/m in HOACashflow is tightMortgage InfoLast Reco...
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Hey guys. I'm pretty new to landlording, acquiring my first and so far only property in December 2021. Haven't really had too many issues so far with my tenant until now. She's demanding I provide an AC as the house i...
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In analyzing a potential REO property, I came across this in the MLS listing comment section. "Buyer responsibility to tap-in to City Water/Sewer service which is available" does anyone have experience with dealing wi...
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Hello all,My question is about how much of a reserve pocket you guys think is necessary before buying the first rental property. I know from listening to the BP money podcast you shouldn't buy when you aren't financi...