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I visited a SFH this weekend that I think would make a good flip (still doing my diligence to ensure). Assuming that all works out though, I know I can’t swing the funds for a down payment, rehab costs, etc. myself wi...
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Hello Biggerpockets Community, I need your advice...who can I go to to help me figure out my 'borrowing power'? We have 2 small multifamily properties each with small mortgages and generating good income. Plus our own...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $125,000
Cash invested: $105,000
Sale price: $425,000
Contributors:
Peter Vekselman
Partner Dri...
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Had an offer come in with a clause to sell for appraisal price should it be less than offer price. Has anyone heard of this before?
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Hello, thanks for reading this post!Id like to offer self storage units (pre-fabricated/standalone storage) to rent. I'd expect to have 5-20 units, would this be possible on a residential property?Would I have to crea...
So there is an hud home that we have put 5 bids on. The home was priced 108k and we put our first offer in low, we kept coming up and they told us is the minimum net would be 75,600. We saw the price had dropped at...
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One of my Real Estate agents showed me an REO today. I checked the comps in the neighborhood within a half mile since January and they average $405,000. The bank is asking $371,500. They have it listed "as-is" but the...
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I was wondering if I could get some input regarding a situation I just encountered. At the 4plex I closed on about a week ago, I inherited 4 tenants. Only 1 of the tenants is on a one year lease that runs for anothe...
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I am trying to determine the "economic anchor" of my market. An economic anchor is something that supports the local economy and is not going anywhere even during an economic downturn.Question: How many students have ...
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At first, I wanted to buy a fourplex to live in 1 unit and rent out the rest. With hopes that my tenants would pay my mortgage while I lived for free. Then, do the same year after year until I have a couple of propert...