Garrett Spear
24 hrs before closing, seller demands 30-day post-close occupancy
In April I got a four-plex under contract, sourced from the MLS. The seller/owner occupies one apartment and the other three units are used as storage. The seller took their time getting their loan payoff and tax info...
Kevin Leahy
From D.C. starter condo to Airbnb to corporate rental
Investment Info:Single-family residence buy & hold investment in Washington. Purchase price: $348,000.Cozy 1-BR condo with patio in the heart of Adams Morgan. I lived there myself for 4 years, then moved out and c...
Rob Brown
Pay off my house and buy smaller apartment deal, or keep loan on house and buy bigger apartment deal.
I got into real estate investing at a young age (19) and have bought and sold primarily residential properties since then. I have owned commercial property before (office buildings, shopping centers) but I thought I w...
Jesse Holmes
FINALLY we closed on our first duplex
Hi. My name is Jesse M. Holmes, and it's been so long since I've posted here at BP, I thought a reintroduction was necessary.
Maybe some of you remember this fourplex I was trying to buy. As it turns out, my ...
Alex Aguilar
Gainesville, Florida rental properties
I was looking to buy a rental property in Gainesville it seems like the rent to property ratio is very attractive. Any advice on the area would be greatly appreciated. Thanks!
Ashley Wilson
Multifamily Fire Sales?!?
Where are all of the deals everyone said were coming in multifamily?Over the past six months, numerous people talked and fantasized about all of the discounted deals that they planned to scoop up in multifamily. It wa...
Emily Holbrook
New to BP and determined to close on 1st rental prop before year end
Hello community! While I've been a landlord for a long time now (just by moving out of my house and choosing to rent it instead of sell it), I'm now purchasing my first rental property. I just finished my 3rd book on ...
Whit Hill
How to determine cost basis? Help!
My husband and I have just sold our longtime home in Michigan. We moved to Tennessee in 2008 and have been renting it out for the past 7 years. Here are the basics: We bought it for 130K 20 years ago and just sold it...
James H.
The Bottom Is Here And Gone
There's plenty of disussioon here on BP about the "bottom" of the market and trying to time it and not being able to time it and when it might actually occur,etc.
Well, I think it is here and gone already. In fact, I...
Marcus Cannady
How soon can I c/o refi a home that I'm rehabbing
In lieu of drumming up cash elsewhere I'm looking at cash out refinancing a home I'm currently rehabbing. I'm not overly concerned with max ARV at this point. Numbers: 113k purchase, ~40k rehab, 300k ARV. I have ~20-3...