This will be my very first purchase and I am looking into a triplex. If I waive inspection period, does that also mean I waive right to "inspect" or verify financial/rent roll history? I want to be able to verify all ...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $27,500
Cash invested: $12,500
BRRRR property. Purchased at auction. Completed mostly cosmetic rehab in 30 days. Re...
There is a HUD home for sale in a C area neighborhood. All brick, 4/2 1235 sq ft. for $41k; The ARV is $105k. The scenario is I want to wholesale this deal, but HUD is saying I have to close the property in my name, b...
Hi there,
I'm doing a 30-day deal analysis challenge where I analyze one deal per day. This is my 5th day :)
Based on the asking price, I estimated it will generate a negative annual cash-on-cash return, assuming 20...
Hi All - my first post on this forum and about my first lien purchases. I purchased couple of tax lien in Indiana commissioner sale - porter county. The liens were not redeemed. One of the liens had a manufactured ho...
Hi there. I've been curious/interested in REI for some time now and I think the time is right. I happened upon the HUD website the other day and narrowed down the search to my neighborhood. I found a deal for a place ...
Hi Guys,
Quick background: started with a duplex, added a fiveplex to the mix. Sold the duplex because it was too much maintenance. Now we're looking at a great little triplex but I'm hesitant because it sort of seem...
I am working with a building friend of mine on building two spec homes on two lots in a highly desirable area. I have a quick question on the deal structure. I am going to purchase the land and my banker is going to l...
I am thinking of using the BRRRR to start quickly acquiring some smaller multi-family properties and it got me thinking.How large can you actually go with a BRRRR? What's the largest property, by units, someone has ap...
Good evening to everyone at BP. I have been a member since this summer. Very useful information and tons of knowledge. I am glad and thankful to be here.
I currently own several rental properties. I purchased all my ...