I own a building in Orlando on a very busy corner. It's a commercial property currently setup for retail but the size and location are terrific for fast food as well. I've had multiple offers from brokers representing...
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Hello all,
I am in need of some advise from all you multi-family experts out there. I have an opportunity to purchase a 10 unit apartment building and a 2 unit house. The details are:
Purchase Price = $425,000
Rep...
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Hello,I'm currently looking to buy my first rental. Looking at both Duplexes and SFH. I make around 180k living on the west coast. I currently have around 20k cash for a down payment and that is steadily increasing so...
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I am currently house hacking a 4bd 2.5ba house which is going great. I purchased it with a 3% down conventional loan in March of 2019. I am about to hit my 1 year owner occupancy and want to purchase another property ...
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My wife and I are a young couple and both have high paying jobs (Registered Nurse & Engineer). We were fortunate to graduate college with no student debt and are great at saving money. A little over a year after b...
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My wife and I currently live in a duplex owned by my wife's grandmother. She is in her 80s with a small fixed income and a dwindling nest egg. There is decent equity in the house: $125k or so on the mortgage and curre...
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Situation is $800K loan but have $400K cash. My monthly payment is $3,600 excluding tax and insurance (50% of monthly net income). I am thinking of paying down the loan to about $500K to get a lower monthly. Otherwise...
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Experts, I am looking for some pointers which areas to target for my 2nd rental property. I am based out of California.$$ Range = max 250kDown payment = max 25%Goal = Positive cash flowBelow are the areas i have done ...
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Hello BP Community, I need some guidance. I recently came on here and asked the age-old sell or rent out my current home on a low-interest rate question. Based on the responses, I took out a HELOC and we put a down pa...
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Hi guys, Its been a while, sorry. I am working on my third deal. I am currently about to purchase a triplex with a garage. Current rents are Garage: 110, 3 bedroom unit: 475, and 1 bedroom unit: 375 per month and ther...