Phil T.
What are you guys planning on doing about rising interest rates?
Like the title says, those of you that are financing properties, what is your plan with the rising interest rates? The rates seem to keep on rising, and for those of us that finance our properties, is that going to p...
Elisa Duka
HELOC on Investment Property
Hello BP friends! I'd really appreciate opinions and advice on a timely matter that I'm currently facing. I own a condo free and clear and am looking to do a HELOC for $35k on it for a down payment on another property...
Richard Stephens
owner finance Fort Worth,TX
Hey BP Community,I have a home that we owe 65k valued around 180k and want to sell as owner finance anyone know if i can do this with still having a mortgage? If so can anyone advise me how to structure the paperwork....
Eva Morel
Withdrawal from 401k?
Withdrawal from IRA?Due to COVID I have access to withdrawal from my IRA penalty free. The purpose of the withdrawal would be to put the money directly into a real estate investment. I will still will have some money ...
Stephen Richardson
3% down on a 12 unit land contract, but no inspection til signed?
I'm working on a deal for a small 12 unit apartment property. Units are 1bd/1ba 500sq ft. Avg rent is $420. Cash flows $1800/mo at 100% capacity. Seller is an upstanding member of the community with 400 units and grow...
Brian Stumpf
Multi-family Offer - PSA and Income/Background Verification
I would like to make an offer on a 2 unit building that I recently walked through. I just happened upon this MLS listed property, so I am unrepresented. I have two questions when making an offer:
1) Should I fill o...
Account Closed
Rehab and Stay? Or Rent and Buy Another
I'm brand new to the game so all of this is new to me. I'd greatly appreciate any advice.Currently live in a 3/2 that I am 50% Joint Tenant in Common with a sibling. Getting ready to buy the sibling out by cash out ...
Pat Dansdill
Help me analyze this deal please!
I found a deal in the midwest. I think it's a great multifamily investment, but never having bought a property, I'm not completely sure.In short.Units: 190NOI: $485,109Cost: $5,800,000Down Payment: 1,450,000 (25%)Debt...
Faraaz Siddiqui
Have the rising interest rates hurt your cash flow in Memphis?
I know Memphis has historically been a great place for investors due to the great cash flow, but I wanted to hear from investors who have recently bought rentals about their cash flow? I've been analyzing deals and no...
Jarred S.
Duplex Cashflow Structure
How do you break down duplex cashflow? By unit? What I am asking is do you want to make your $100 cashflow on each unit or the whole property combined?
I have heard some different answers. Some of the answers pertain...