Ryan A.
Multifam under contract - deal or no deal?
I have a 290~300k triplex in Westerly RI tied up under contract for 242k. Seller willing to finance 33k. Currently fully occupied (but filthy) with yearly rents of 24k. Could be cleaned up and rented 30k a year I esti...
Scott Spicer
Lending on a commercial property under $1million?
Does anyone have financing suggestions for a 14 unit apartment complex that is under $1,000,000? I’m looking for a 30yr fixed, 80% LTV. The lenders I’ve found only offer a 20yr amortization, which greatly diminishes ...
Phil T.
Can/Should I use a HELOC for BRRRR?
Hey all, I'm trying to figure out this BRRRR thing. I've got about $80-100k in equity in my personal residence. I'm interested in the BRRRR strategy, but would probably have to do it out of my area for it to make se...
James Sullivan
Seller financing help??
Ok, I have been reading about seller/owner financing and still I am a little confused. I am in a scenario where the seller owns the property free and clear and would offer me seller financing. Say the seller would ...
Steve C.
Living off of rental properties for most of retirement income?
In my field (counseling), I've been working for almost 20 years. While the salaries have been low, up until this year when things really spiked, the retirement plans and money able to be set aside was just embarrassi...
Lilach Holtzer
Any successful BRRRR in Jacksonville, Florida in the last 6-12 months?
If yes, which neighborhoods is relevant?I have doubts because the rent is too low in relation to purchase price and other expenses?
John Truong
Tax reporting - initial financing costs vs refinancing costs
Hello BP members,All the searches show how to report refinancing costs for a rental, but not the initial financing to buy a rental. Are they reported the same way?When I refinance a rental, all (or most?) of the closi...
Greg Strunak
Working on my first seller finance deal
Hello, new to the bigger pockets forums. I'm looking to make my first short term rental deal using seller finance. I was able to find some sellers offering some deals with seller finance. I was hoping to get some good...
John Suralik
32 Unit Apartment Complex: Is this a deal you would do?
Hi Fellow BPers, I was looking for some feed back about valuing this 32 unit apartment complex. I feel comfortable analyzing SFH, but I want to learn more about multifamily. So is this a deal you would do, and if no...
Michael McCorkle
Help me analyze this deal? What am I missing?
I would like help analyzing a deal that looks good to me. Even though I am not able to move forward on it at this time I am trying to hone my analysis skills for when I can. Please give me your thoughts.1. Three tripl...