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Posting on behalf of a friend -" I purchased a rehabbed property, six months back. I just discovered that the rehabber has not closed the permit before selling the property to me. The permit has expired but not closed...
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Hello BP team,I’m a newbie at real estate and would like to buy some properties. I’m torn between rental and selling not sure which to do, I’m paying cash for my properties so no worries on a mortgage only have to wor...
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Hello BP: With the BRRRR method, you refinance at the end before repeating. What if you approached a bank for a refi loan asking them to agree to refinance for a house that you are interested in buying, but you want...
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Investment Info:
Small multi-family (2-4 units) other investment.
Purchase price: $98,400
Cash invested: $400,000
Sale price: $560,000
My first new construction project. Purchased unimproved land...
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Hello BP'ers, I am excited to share that I have my first multi family under contract. Its a run down mfu that has been vacant for past year or so. It is in a great location but needs a total rehab. Please review the...
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I have an opportunity with a tiny home in the Hochatown (Broken Bow Area, Oklahoma). Wanted to know if anyone has information or experience in the area.
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I need some guidance to see how this can work. I understand using the "subject to" approach in regards to foreclosures or if the seller just wants completely out from his property. But how can one apply this creativ...
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Who's currently developing multi-families from the ground up right now - 20+ units? I'm curious about your story, numbers, strategy etc. Your input is appreciated!
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Thought some of us could learn from others mistakes here. Are you all willing to cop to your mistakes? Let us learn from your small misfortunes.
So: What was your biggest mistake investing?
Curious what kind of rates hard and private lenders are offering near you? I am in Boston area- have heard some crazy hard money terms out there recently- 25% down, 5 points, 15% interest. That's an extreme though, I ...