Hello bigger pockets forum! I am a new investor (no property’s yet) but I’ve been studying real estate investing for over a year now.My understanding of hard money lenders and their process goes as follows: 1.You get ...
Any people interested in multi-family / apartment buildings in California? I see a lot of people on here stay away from CA, but I think it's a great place to invest. What do you guys think?-Ben
Can you have the seller pay for any of the closing costs or gift part of the down payment on a multi-family commercial loan?
Simple game of would you rather:Deal #1) Three Unit Multi-Family Cost: 950,000- minor costs for updating (paint, buffing hardwood floors, minor electrical work totaling 7,500)Two units rent for 2600 per month (ta...
I keep reading that this is the case (that buying is less expensive than building in the current market), but real estate in my area is expensive. I live just outside D.C., and homes in the suburbs of Northern Virgini...
Hey guys! Can I get your thoughts on whether I should expand my cabin near Gatlinburg? It is currently 1100 square feet on the first floor, 1100 square feet finished basement, and 300 square feet sleeping loft. It ...
Typically what kind of terms do the owners expect if they were to lend you a % of the building?
Ex. Lets say I find a 1,000,000 apartment building. Bank will loan 800k and I need 200k for the downpayment.
If the own...
Hi all Im a newbie in the real estate game, joined biggerpockets.com about a month ago and just got my first investment property located in Lynn Massachusets (2 family home) I'm a full time chef,full time student and...
Hello friends,I know nothing about any of this. I've recently graduated college and started a new job, and I'm already sick of the rat race. I'm committed to the 90 day challenge. At the end of 90 days I will close my...
BP community drove me to get off the sidelines and into the game my my first deal! Here were the numbers:Goal was to live in flip or rent after 24 months.214,000 List Price (been on MLS for over 90 days)191,000 purcha...