Hey All! My partners and I currently have a 34 unit MHP under contract in Upstate NY. We just got a commitment letter yesterday from a local CU yesterday and the LTV came in at 75%. We're a bit bummed since we were re...
I'm considering expanding my REI to include multiunit properties. I just got some information on a 10 unit apartment complex selling for $540,000 and generating $7,100. My REI experience has been a couple of rehab/fl...
I want to purchase 3 connecting lots of land as one land purchase. I plan on separating the lots after closure, and I want to hold onto the property for 1 year. I want to 1031 exchange all 3 lots individually so I don...
Hubby and I (both in our mid-60s and retired) have been in the buy-and-hold RE biz for 2 1/2 years. In that time, we've amassed a home and a condo (both with mortgages), another home (held by an IRA), and soon will b...
I have been very bullish on this market... I wanted to wait for the market to come down a bit to invest to get a good deal but I have found what I think are some pretty good deals and with my perspective on the market...
I bought a mobile home that needed some work last December. I thought I could not afford the help so decided to do it myself. At first it was fun and I learned a lot. Eventually I found that I had less and less tim...
Hi all-I manage a breeding facility for horses. It’s on 132 acres of mostly pasture. There are 2 nice homes, 3 mobile homes, 2 small barns, 2 equipment sheds, 3 wells. The owner doesn’t want to list it. I’m looking fo...
So, in my short education period on differing, yet the same somehow RE strategies, it is about finding motivated sellers. Wholesaling, MH Investing, Raw land flipping. I've read, listened to podcasts, and checked th...
My in laws have a home in Southern California that they purchased 20+ years ago. Their mortgage even with a refinance is less than $2200 a month. We have a friend who works for a property management company in the are...
Hey BP community. I'm new to BP and a newbie investor. I have a bit of book knowledge about Real Estate but not much real life knowledge. I own a tanning business which is great but I am looking to change business dir...