Phillip Dixon
Financing Question for first-time investors without a lot of cash to put down!
Hello there!
Quick shot in the dark to anyone with more experience than I do! My wife and I would like to buy a multi-family, but we do not have a bunch of cash to put down! We own our home, about 80k in a 500k loan,...
Jason Halpin
High Closing Cost? 11% value of the loan
We are closing on a college rental with more than 11% of the loan value in closing cost (conventional financing)…. this seems high - is anyone experiencing similar closing cost?
Dan Johns
Exchange from High value to Lower vale RE
I'm Dan, 57 and still working for a living. Planning on doing so for a few years yet. I was involved in real estate investing in the Phoenix area in the late 90's and up through 2008. We all know what happened then...
Daniel Delanty
Sell high value properties and reinvest or hold?
BP community, I could use your wisdom. A few years ago we bought two 3 bedroom two bath houses for 220k and 289k. They are now both worth about $350-360k. Both are CF positive. Equity is $195k in one and $155k in the ...
Benjamin S.
Question About High Property Tax/Low Value Home
Hi all:
I came across a deal in my area that seemed ideal for a flip. The house in question needs a total rehab, but was priced significantly under comparable homes in the neighborhood. It was listed for around 200k...
John McCormick
Mortgage Cost vs Rents on High Value Properties
My partner and I are just starting out and we would like to do buy and hold, ideally BRRRR. I am trying to understand how to make the numbers work when rents cannot pay the mortgage. For instance, on a recent BP podc...
Garrett Pettit
Other Ways to Partner on High Value Deals
I am attempting to partner my way into qualifying for a high value ( $800K+) deal in beachside Brevard county, Florida that I can house hack as boots-on-the-ground operations with 3.5% down for a primary residence sma...
John Collins
High rental values ($4k+) in non coastal cities
I get that there are an abundance of people willing to pay high rent ($4,000 or more per unit) in places like NY, SF, LA, Miami etc. But what about midwestern cities like Chicago, Dallas, Houston and Phoenix/Tempe etc...
Clark S.
Iowa City: Notice of Assessed Value............to high !
I have a property in Iowa City and the new assessed value is too high.
It's a 12 unit old building.
Does anybody know how to challenge it ? Or hire somebody to challenge it ?
Thank you
Spencer Fry
4-Plex- High price but significant value adds
I have a 4-plex I'm currently looking at potentially trying to buy. The area I live in is a high summertime tourist area. As it stands, the numbers do not work to purchase the property at current asking price. Now the...