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I've talked to a couple apartment owners in Bloomington, IN they told me:1. Is it true that cap rates in Bloomington Indiana for multifamily buildings is 4-6% and multifamily apartments are going for $100k a door?2. A...
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I found a great deal to house hack with lots of potential to build equity with a few repairs. I would really love to make a move on it, but I am running into issues getting it financed. I don't have enough cash reserv...
I want my next purchase to be a 4-unit multi family property. I want to know where the best markets are at the moment and is it possible for me to acquire one while only sitting on $15k. I have yet to purchase a prima...
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Hi BP Community,Newbie here! I currently have an off market deal under contract in Stamford, CT from a family friend. Originally was trying to do a seller finance deal and they were open to it, but things got a little...
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Hello BiggerPockets Community. If you purchase a rental property through seller financing, is it possible to refinance the property into a conventional loan? If this is a possibility, what steps would need to be taken...
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Hello all, long time listener (1 year), first time poster! Just to preface my current situation a little bit, I work at an electrical distributor in the area. One of the owners of the contractor that shops with us fre...
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I am finally at the point to start my serious search to move on properties when I find them. However, I am trying to setup any pre-approved loans if at all possible.
However, my question is what loan or what type ...
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Is it possible?
I have an interested buyer for a property I have under contract, but he wants to use a bank to finance it. I'm assigning the contract for $3,000 with contract price at $14,000.
Does he just pay me th...
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Hello,This is my first deal.I am in the process of negotiating a seller financed sale of a house that he inherited from his late mother, it needs work and he does not have to time to fix it up. The seller is more focu...
Do you want to buy a rental property in 2025 but fear money could get in the way? Putting 15%-20% down is a huge hurdle for new investors, but there are several strategies you can use to limit your expenses, grow your...