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When purchasing commercial property what are your due diligence? How do you determine if it's a good deal?How much does due diligence cost out of pocket? What steps can you take before spending money to determine if i...
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Working with an agent for almost 6 months who is 3 hours away in MA. He sent me a listing for multi unit which didn't look appealing so I passed on it . It's too far away for me to see every house. Now, a month later...
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Hi guys, I just recently got out of the airforce after four years. I'm glad I served my country, but my true passion is investing. I don't particularly appreciate working for others and never want to experience that a...
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I am currently on the look out for apartment deals and am beginning to interview brokers and lenders. I've interviewed a number of brokers and have come across two that I like especially. They both have mentioned th...
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Hi, I'm Raymond. First, THANK YOU to all who contribute to these forums and help each other come up in this world. It is because of you all that I still believe good people exist. Without your guidance we'd all be los...
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Investment Info:
Single-family residence fix & flip investment in Gastonia.
Purchase price: $90,000
Cash invested: $74,273
Sale price: $221,000
I purchased this property directly from the own...
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Hello everyone my name is Hector, I’m currently 21 years old and I’m getting ready to buy my first investment property that I plan to House hack (duplex). Both units of the home are rented at 1100$ a month each. Each...
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Hello everyone,I am new to bigger pockets and I am looking to buy my first rental property. This will also be a property that I move into. I was thinking of buying a small town home and live in the basement with my wi...
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Hi, none of the STR discussions seemed to hit on this exact point. I'm looking at some properties that are fourplexes or two duplexes on one lot. I want to STR (vacation rent) one unit, while using LTR on the others. ...
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I want to preface this by saying that this scenario is purely hypothetical.
Let's say I use FHA financing for a 3/1 SFH. Obviously I have stay in the property for a year but do I have to stay in the property or could...