Hey BP,My goal is to develop an 8-12+ unit building with myself living on premises. Has anyone used FHA for the land and construction cost of a new apartment building? I have absolutely no experience in building resid...
I am looking to buy a 1 bedroom or studio condo as a buy and hold rental property in Chicago (Near North side, South loop, Gold Coast, Printers Park, Streeterville, Old town or West Loop). Can anyone help me in under...
Here's a fun thought exercise. If you had 50k to invest today (and then same thing with 100k), what simple investing measure would you do in TODAY'S environment? With a one liner on why. If you want to wait to see whe...
Hey everyone my name is Chris Godbolt and I have finally decided to take the time to finally introduce myself here. BP is an absolute gold mine and I hope one day to be the one posting information to improve other peo...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $430,000
Cash invested: $50,000
First investment as a house hacker! Tough market as an FHA buyer, but financ...
Hey Everyone,
Just curious, what are the cap rates like in the USA during the whole meltdown for investment properties. Lets say 6-30 unit apartment buildings. Doesn't matter the area, just wondering to compare with ...
So I come home one evening and proudly boast to my my wife, "I bought a trailer park for a really great deal today!" She says, "Well it better not be the one on the news that had the meth explosion!" I think to myself...
Hey everyone. Looking for some opinions. I have 2 duplexes and a 4 family. Owned them for 7-12 years, all cash flowing really well, and have 3-4x equity in each. I'm trying to decide if I should sell some/all/none. My...
Which do you think is better to find multifamily deals, brokers or direct mail? The reason why I ask is most people tell me to deal with brokers, but brokers don't seem to have deals all the time so I feel as if I was...
Hello BP, was just listening to Williamson Moore's webinar on Rental Arbitrage and was wondering who else is out there doing this strategy?