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here goes.. I am a builder... I am in the process of building a 4 plex.. and then after that I will do another .. Plan on having 4 within the next 5 years. All being 75% LTV. If all goes well I am considering in 5 yea...
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Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $119,000
Cash invested: $200,000
This is maybe a new Category: BRRRRSR Buy Renovate, Rent, Refinance, Repeat...
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The biggest problem for homeowners who want to take advantage of low interest rates and refinance their homes is the appraisal. Although many homeowners are not technically underwater in their current mortgages, they ...
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Hi all!I have finally decided to take the plunge and start doing. So, I am on here, uploaded a picture, and discovered I first joined on December 31, 2015...Wow...Too much wasted time.So here I am, with my first post....
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I have a number of properties I purchased cash in the last year for around 50-70k each in North Carolina that are currently rented at market rents. I need to find financing for them and I don't want to use my conventi...
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I am 52 years old have a contracting business. I am determined to be a real estate investor but as David Greene said in podcast 372, I am not a good business man. I need that skill if I am to be successful, so I am as...
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Hello, BiggerPockets community! I'm super grateful to have found a community of so many, like-minded individuals. I actually found this forum from listening to a podcast of the Mad Fientist interviewing the guys at B...
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Hey guys!! I have a scenario that my friend is currently going through that I need advice/ opinions on. This is a long one so I will attempt to break it into a flow that makes sense.
Scenario:
My friend is 26 years ...
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In approx 18 months I intend to invest in multifamily as an active investor. I will have access to ~1M in cash for down payment and closing costs (I would also have reserves, separate from this capital). However, as I...
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Hi BP family,I'm closing on my first rental property - SFH - next week. The purchase agreement noted that the current tenant/owner has 30 days to move out from the date of closing. I told my agent that the property ma...