Investment Info:
Small multi-family (2-4 units) buy & hold investment in Payson.
Purchase price: $225,000
Cash invested: $7,875
We house hacked this Duplex for four months.
We closed on this pr...
This is my first attempt @ owner financing so sorry for the newbie question....I have someone who is willing to sell me his property via owner financing. However, he still has a balance on his mortgage of $45k. Goin...
I know every metric is important when it comes to analyzing a property. But when you look at a 2-4 unit property which is more important. The NOI, Cap Rate, multiplier when anyalizing à deal? Also how do you factor in...
Hello,I am looking into buying a small Multifamily property (4Plex) for a buy and hold rental strategy and was curious what others did in regards to property taxes/home owners insurance. Do you have it as part of the ...
Hey BP Nation, I have a question that is probably pretty silly for experienced investors, but I'm in the process of selling my first investment property, my mortgage payment is due on October 1st. We will probably cl...
Ok so I'm just trying to think in advance. So I just finished residency and signed an offer for a position to be making 330,00 a year. After taxes, insurance deductions etc Ill be taking home 190k a year. Now I signed...
When it comes to securing financing for an investment property, Conventional loans and DSCR (Debt Service Coverage Ratio) loans emerge as two top choices. Conventional loans are the standard go-to option for investmen...
Hi BP, I just rented my property and I'm not getting a lot of return back because I pay $ 911 for the mortgage and I have the property rented for $ 1100. I also pay a property manager %10 of the rent. Is it better fo...
Hello,I’d like to become a real estate investor and I have approximately 70k to play with. However, I’m debating between 3 main options:A) Buy a primary residence with a higher down payment and lower my monthly mortga...
In 3 years we’ve gained $115K in equity in our home. I’m close to 80% LTV and about to drop our PMI. As a first time homeowner and real estate investor my goal is to create cash flow. The two paths I’m looking at in f...