Hello Real Estate Savvy friends!! Hoping I can get some advice on our situation ... We've been under contract with a home since Jan 1 with a USDA Rehab loan. The house isn't in terrible shape, just needs a bunch of "...
All right, I need some help.
I have the opportunity to bid on a property that has been reduced on price about 17.6%. It has been on the market since December. It is a 24 unit apartment complex with a contract with ...
Would you buy this note on several residential homes in the Atlanta market? I haven't done any long term lending in the past, only 1 yr balloons. I guess I'm at risk during a high interest rate environment if one shou...
Hi all,
I would like some input on this potential deal, mainly on the numbers I used to estimate the rehab.Keep in mind that I ran these numbers as a worst-case-scenario, so the ROI and cash flow are underwhelming. S...
A few questions for you seasoned investors:1) Would it be wise to use a management company starting out if estimated cash flow covers it? Or do management companies generally not "take" on 1-5 properties? 2) What are ...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $190,000
Cash invested: $8,000
Purchased a duplex (2br/3br) as my first property to house hack and reduce my...
Hey BP,we all have witnessed what happened during the financial/subprime crisis and how RE prices crashed in quite alot of places around the globe. As it stands right now, we have a) the lowest interest rates ever, b)...
When investing in real estate remember to DO YOUR OWN DUE DILIGENCE!
Just had an offer accepted on a nice little multifamily unit property. I was set to do a final walkthrough within 72 hours and start the process ...
Hello fellow BP members! My name is Mike, I currently work in Sales at Shane Co. (Your friend in the diamond business!)I don’t have much real estate experience, but I have been consuming a ton on BP/podcasts and throu...
Hello everyone,
My husband and I have 2 kids and have already started looking for properties in the Hampton Roads area of VA. Family of 4, ideally I’d like to live in a long term single family home. House hacking jus...