Hello BP community,
I am strongly considering putting in an offer for a 4-plex. I've run the analysis and the numbers work well for my defined criteria (CoC, Caprate, cash flow, etc). The one catch is, the current re...
Just a little background for me: I own 3 Duplex & 5 SFH (acquired for $700K in total) with my partner in just less than 2 years and generating high cash flow of $6K every month from all of my rental properties. A...
Saying hello to everyone from Mesa, AZ! I am new to the group and just wanted to introduce myself. The wife and I started out at the beginning of the year by binge watching/listening to the Bigger Pockets podcast and ...
I am a newbie to the investing world. I have read many books on the topics, talked to many brokers, etc. My specialty is in real estate insurance so I know a little bit, but from a different angle. The holy grail that...
We are purchasing a seasonal retirement community from current owners with owner financing.
385,000 for 15 years @6%. NOI is 50k
We do not plan on buying any other investment property.
We have the means to pay...
Any BP members have experience investing in the greater Ocean City, Maryland area? My wife and I have grown more interested in a vacation rentals/Airbnb/VRBO/short term rentals. The Atlantic coast shores attract many ...
This is a pretty preliminary post – but looking for any recommendations on architects and spec builders. (In Austin) Have a property were finalizing zoning on and going to want to build 6-8 units on it, looking to bu...
With Interest Rates at a super low rate now, they only have room to go up.For all the Hard Money Lenders, do your rates slide with what Fannie/Freddy are doing?For those that do Seller Financing as an exit strategy, d...
Investment Info:
Large multi-family (5+ units) commercial investment investment.
Purchase price: $15,400,000
Cash invested: $125,000
128 unit apartment complex located in Dallas, TX.
I'm newer to multifamily... coming from the SFR space. In the residential space, using private money lenders in the second position is a very common way to fund your entry fee for seller finance or sub-to deal. At fi...