Hello All,
I am a remodel contractor and have moved into flipping homes especially in the higher end nieghborhoods like N. Phoenix and Scottsdale that require ore capital and bigger renovations. Lately I have been ru...
Say, I purchase a small distressed apartment complex for 500k that is valued at 600k. I renovate the apartment using an equity line (Is this a good idea, in terms of the source of funds?) My goal is to renovate the ap...
know your area! A partner and myself invested in an 11 unit building on Bridge St, Corning NY. We got a great deal on the building by purchasing for $185,000. The rent roll when we purchased the building was $3,500...
Hi GuysI have an opportunity with a commercial lot where the previous owner has demolished the building. The lot is surrounded by two shopping centers that were built within the last five years and sits on the corner ...
I intend to purchase a 5-million-dollar apartment building in Florida. I received a 3.5 million loan approval from a bank. I require a second loan of 1.5 million dollars. Could someone please tell me how to secure a d...
I am planning the acquisition of my next rental property. I am a big fan or the BRRR strategy in theory. However I have been going thru it with my banker and there are some aspects I need help on. My banker is very RE...
General contractor in business for 40+ years with an opportunity to acquire someone else's unfinished rehab for ~$2M with an ARV of $4M - $6M depending on whether we finish the existing project or tear down and start ...
I recently bought a duplex that I plan to convert to a fourplex. I used a hard money loan to purchase this off market deal.I rehabbed the upper two units within two and a half weeks and have a renter already lined up ...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Saint Paul.
Purchase price: $225,000
Cash invested: $45,000
Contributors:
Mike Sevcik
Four unit building w...
My team currently has and investment property in Ohio under contract that we are looking to convert into 48 unit apartment units. Acquisition is $500,000 and it will cost roughly $5500000 for construction and upgrades...