I’ve got a 5 unit apartment that I’m working on purchasing direct from seller. The seller is an old timer and does not have rent rolls or written lease agreements but has had rents low for 30 years. He wants $250,000 ...
Hi all, I am a novice but highly motivated to be an investor in apartment building -my spouse & me have some cash assets around half a million dollars - my question to all the experienced & senior members is i...
I've focused on REO and have never done a short sale. So with no experience, I would like to ask those that have been involved with short sales about how they generally work.
Details: 2 family home in a good area ...
There are a lot of condos for sale in Tampa and surrounding areas. One thing I've noticed is that a lot of them are in apartement complexes where the majority of units are being rented and not owned. Maybe I'm a newb,...
6 unit 12 bedroom apartment that has had 2 of the units redone but the other 4 still need to get a facelift/update. Can you use the brrrr method for an apartment building? Also this is would be my first property, is t...
Courtesy of http://thehousingbubbleblog.com/ Enjoy!The Asian Journal on California. “Two different clients both landlords because they both own rental properties came to see me last week with different problems. My fi...
Hey BP community,
I'm looking to expand my real estate portfolio and I'm particularly interested in REO-owned multifamily properties with 5 or more units. I'd love to hear from experienced investors about:
Best re...
I'm going to be purchasing my first property soon and I'm currently shopping for a mortgage. What are the top or most important questions to ask a mortgage specialist? In addition, how many days can you get pre approv...
BP,I have a deal in the works and the seller is willing to finance. However, due to my inexperience, he is requesting a down payment around 300k. I will also need another 200k for closing costs. It is an off market $8...
I'm Interested in purchasing my first multifamily. It consists of seven units and has a cash flow of about $5500 before all costs.What type of loans should I inquire about? Do most investors just apply at there local ...