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Hey all, first real post here.I have been looking at units with my broker and trying to analyse every property I can get specs on. The majority of them look similar to the following:Number of doors: 2Total Rent per mo...
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So I have a place becoming available June 1. I have a potential tenant asking to start renting in July 1...
There's a good amount of demand for this place but like they say, "bird in the hand is worth two in the bush...
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Hey,
I am starting to learn now the all subject to thing, and I learned:
* that when I am initiating a Subject to deal, what is being done is that the deed and the mortgage payments are transferred to me, so I woul...
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Hey all,I found my first opportunity. It's a vacant single family home in a great area. Problem is, the owner is deceased and there is a 140k mortgage balance with 30k in missing mortgage payments. When the owner pass...
Hey everyone!First, a big thanks to The BiggerPockets Podcast for creating the content I’ve consumed daily as my wife and I are preparing to make the transition from renters to homeowners and, someday, real estate inv...
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I have a great tenant in a great building. She was an inherited tenant that I took over 3 months ago. She is a Gen Z’er who has a professional job working in a hospital and is very nice, professional, and keeps her ap...
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I need a little feedback. This is my formula for running numbers on a property (it's faster than running a million BP reports). We're using a HELOC for our downpayment (that's the G-column), and I'm calculating CapEx,...
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Hey Guys!
I have a triplex for $85k in a rough neighborhood outside of a military base that I am considering buying to turn into section 8 housing. I have been learning about investing for the past five months but t...
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looking into getting a dscr loan 80% ltv.$120k down paymentDebt service PITI will be $4600/mo Gross rents $11000/moratio of 2.39My credit is 750 Unless im missing something, i should be able to get a DSCR mortgage on...
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Gross revenue of ~$75k, NOI of ~$35k, valuation based off 4.3x gross-revenue, not 5-7% cap rate. Better Cash flow monthly?My realtor called me recently with an interesting investment opportunity - a local car wash. It...