When you buy a single family or small multi, lenders require good credit, and enough income. On the other side for commercial loans they require experience, net worth and good credit. What exactly do they mean when th...
Hello AllI am currently looking to purchase a single family home in NJ to buy and hold as a rental. The property is selling for $185,000. My wife and I have two very good incomes and great credit scores. I would like ...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $150,000
Cash invested: $10,000
Sale price: $207,000
This property was purchased during the big market downturn...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $150,000
Cash invested: $10,000
Sale price: $207,000
Purchased during the big market downturn. Hard money lend...
I'm a developer who learned lessons during the 5 year downturn. Having converted all my apartments to condos between 2001 and 2006, I went into residential. My timing was off so I now want to get back to my roots, bu...
Hey BP community,I'm looking for residential multi-family properties in Jacksonville, FL. If anyone has any recommendations as to where to look, who to talk to, best brokers, etc, that'd be awesome. Or if you happen t...
Hello guys, I am looking to purchase my first home in New York. Its a short sale for $420,000 with 4 familys. The following is the monthly rent role... 1br = $12001br = $9401br = $11002br = 1433The total rental income...
Hi, my wife and I recently thought of purchasing an owner occupied triplex. Her family is currently looking for a new apartment because of higher rent in the one they live in now. What are your suggestions on renting ...
Hello BP Community - I am ready to make an offer on a 4 family house and would like some initial feedback if you are experienced in this area. The owner is willing to finance so I won't need to obtain financing. When ...
I'm closing on a multi family (3-plex) next week Thursday. What are some of the major to-do items leading up to closing and after? I already will be getting all security deposit on hand, prorated amount from 6/2-6/30....