Hello I'm looking at a 4 plex that is being offered for 129,000 located in a historic district. Each unit needs 10-20k worth of work and potentially rents for 750-950. is this a good deal?
I'm crunching numbers on my first investment purchase and suspect I'm focusing too much on the profit margin during the first two years (low single digits). I think the margins will be between 10% (no refinance and ...
I've looked at quite a few rental property template spreadsheets now and can't quite figure out why none of them (or at least the ones I've seen) don't give you a place to input your mortgage/loan payment as a monthly...
I am looking for recommendations on underwriting a deal.100-units with 60% occupied by tenants with LA County housing choice vouchers (HCV) - many of which rents are below current HCV payment standards, 10% vacant, 25...
Situation-I am using a non-recourse loan along with my solo 401(k) funds to purchase a rental home.
Borrowing-130,000.00
Loan term options
Fixed rate20 year loan 6.5%
Variable rate 25 year loan
10/1...
I'd like to buy my first STR this year. My budget is currently 35k for the down payment so I'm going to do a second home loan and focus on more affordable markets like Galveston. What types of homes are good for STR i...
Hello BP Community!I just wanted to get the community's thoughts on this idea. I am an aspiring investor. My wife and I are looking to make our first purchase. As we were doing some property-hunting yesterday, we came...
I hope this post finds you all in good spirits. I wanted to get some insight on a topic that has been on my mind lately – creative financing strategies in the real estate investing space, especially given the current ...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $200,000
Cash invested: $50,000
Small Single family Short term rental in metro Atlanta suburb of Kennesaw’s histori...
I keep seeing a lot of posts with people noting “interest rates are high”.Just want to say, no they are not. I don’t need to post the charts here as a simple google search will note this. Last decade interest rates ha...