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I'm in the process of purchasing a 20 unit complex. The bank has given me 2 choices. Option 1 is a 20 year amortization 4.8% vs a 25 year amort @ 4.99% (both with a term of 7 years). The payment would be $7,624.87/mon...
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Hi All!I have my first commercial property under contract, and we are getting closer to a close date, however things still keep "popping" up last minute on the bank end. More Forms, Environmental Inspections, etc. Rig...
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Would you pursued a B.S in Business Administration(B.S.B.A) with concentration in Real Estate Investment Management while at the same time working part-times as a Real Estate agent or would you pursue a different majo...
Hi all, first post to BP! I am getting into tax delinquent land investing with seller financing but am intimidated by the granular steps and paperwork from issuing an offer through selling and closing. I plan to hire ...
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I've had an accepted offer on my second property now: a huge seller finance deal. Now what?I have a one 4 family in NJ so far and now I'm tackling NYC in the Bronx with a big multi family over 3 times the price of my ...
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*This link comes directly from our calculators, based on information input by the member who posted.Last year in April I had my first deal fall through. It is a 3 story 2 bed 2 bath with ...
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There's a terrible log home local to me that is begging to be flipped. Owners are out of state and are offering owner financing of $100k with $40k down. It needs $40k and two months in renovations/repairs. It will sel...
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Hello
I want to get out of my retail career and move into RE investing. As a Game Stop store manager there is not much more room for saving for a down payment and I have to repair my credit. However there has to be ...
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Hello all investors I’m 24 and I’m looking into buying my first investment property for my portfolio. This one is going to be a BRRRR deal for me. Property Asking $680k 2 bed 1 Bath 738 sqft Lot size 6k sq ft. In need...
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Hey BP community! I would be very interested in your thoughts on feedback. Here's my question:At what point do you believe it is wise to stop reinvesting your cashflow into more properties and start focusing on princi...