Edmund Campbell
First step for multi family
I own 3 single family rentals debt free worth 60k, 70k and 150k per, so about 280k total. I want to buy a multi family bldg between 25-35 (or more) units but I have little cash and hate debt. I would be willing to ref...
Mike K.
Does it make sense for a good deal to be on market 142 days?
Hello everyone,Let me start out by saying I have been stalking BP for a while, but am new member of the community. I plan on doing an introduction shortly, however I have a question that is bothering me. I am still in...
Jared Ottley
Multi-family financing questions
Was looking at buying a four triplex complex (12 units total). First meeting with bank and was told 25% down at minimum would be required and 5.5% would be best interest rate on the rest. Just want to check to see i...
Lakeisha Smith
Real Estate Investing Education Scams
Hello All,I'm new to this site and joined as I would like to learn as much as I can about Real Estate Investing. This past weekend I took part I a three day workshop put on by Performance Education-Success In Real Es...
Account Closed
Wholesaling residential or self-storage investing?
Hello everyone,My name is James Moore and I am a newbie in real estate investing, but very interested. I am currently deciding on a direction to take in real estate with my general goal being to invest in assets and g...
Stephanie Brown
Buying an Airbnb property as a business vs a residence?
I am looking at a property that is currently advertised and used as a vacation rental. The seller is trying to sell for 2x the Zillow Estimate based on the fact that it’s an “established bnb”. First time looking at...
Elad Messing
Diversification/Asset allocation strategy
Hello Everyone!I was wondering if there is any rule of thumb as to what should be my asset allocation between my $ invested in real estate investments, which include:1. Single family rentals2. Syndication deals3. Loan...
Christopher Smith
Commerical Real Estate
Hey guys so i have a question. Coming up on buying a 51 Unit apartment Complex. 8.23% Cap Rate bringing in 328K after all expenses. I have 2 lenders that will fund. One will do 80% LTC and the other is a Gap Funder th...
Max Lichtenstein
Underwriting a Multifamily
Hi BP community,I am looking to purchase a multifamily two unit apartment by next summer. I have contacted a couple agents in the location and explained my story/ where I am at. Do they underwrite a property for you?U...
Ariane Randolph
Welcome Feedback on 12 Unit in FL
This property consists of 12 units, 2/1, currently no vacancies.
The asking price is $569,000. The annual rent is $86,400, with listed potential rents at $90,000/yr. The units are 3 quads and deeded seperatly.
Th...