I have been talking to various lenders in Chicagoland area and most of them look for 20 - 25% down on the investment property and even worst 65% commercial, 70% to value for refinance options. I was wondering if anyon...

Hey BP Fam!!! Any feedback is greatly appreciated... I subscribed to Deal Machine and started driving for dollars the same day. I went to a neighborhood in Evansville, Indiana where there were a some vacant, unkept p...

I am going to be closing on my first multi family house within the week, a 3 family. I used an FHA loan and will obviously be an owner occupant. It took me a while to find and have my offer accepted so I am looking ah...

Hi all –

I wanted to get the community’s take on this all-cash deal for a multifamily unit. It’s in a very good part of Cleveland, hence the ARV. I plan to get a mortgage after 6-12 months, so my analysis will in...

When buying a multifamily with a du diligence period, what is your list of things you are looking for, verifying, double checking and other?Getting close to making an offer, the selling agent said owner wants to know ...

Hello, I just finished reading Gallinelli's book on cash flow and other financial measures. I am not considering this property as a purchase; just looking to put some of the basic metrics taught in the book in my own ...

Just finishing up David Greene's excellent book on BRRRR, and the whole idea is to refinance after the rehab when your appraisal will be a lot higher (and hopefully you can pull out all of your cash or more).  However...

Hello,I would really appreciate some insight. I’m considering buying a condo in the SW Waterfront neighborhood (Potomac Place Towers) of DC, and am wondering if it’s a good financial decision. I already believe it’s a...

It seems to me that people are going to have issues right now that have 1031 exchange money or capital gains money that needs to be redirected. What do you guys think?Think about it... sellers will be cautious to sell...

Hello all,So, here is another deal that we picked up.  It was sinking pretty bad in the middle of the house and we couldn't sell it on the wholesale side, so we opted to purchase it ourselves and see how this would wo...