Allyson Straka
Rental property in Allentown,Pa
Hello everyone,I was looking at purchasing a three unit in Allentown, Pa. This would be my first deal, so it is a little nerve wracking to pull the trigger. It is the best deal that I saw in our market in a while. The...
Eric Robertson
Advice for the Seller in Madison, WI Area
Hello All,I have a friend in the Madison, WI area who is in the process of moving her parents into elderly care facilities. I know she would like the process to go smoothly/quickly as it is a truly difficult time for ...
Daniel O.
Suggested REI-friendly areas in Washington State?
Hey folks,I live in Seattle and therefore am not looking to buy any rental real estate locally. For that reason, I've mostly been doing my research in out-of-state areas like Pittsburgh or The Triangle in North Caroli...
Mehran K.
$55k Duplex Deal Analysis
Hi all,
The last analysis I posted turned out not to be that hot of a deal. This one seems a lot better. Any help would be appreciated!
Here goes:
Duplex
Purchase Price $55,000
Rents: $1,075 ($550 and $525) Each a...
Scott Bartlett
Low-Ball Offer on an REO thoughts?
I just put in my first offer on a REO property owned by Chase Bank.
The property has been on the market for 148 Days.
The property was listed around October 12th of 2012 at $25,000.
45 Days Later, the bank reduced ...
Jaquon Miller
Starting with Ideas
Looking for general thought & tips. Anything would be appreciated.Just started my investment journey house hacking a duplex that I will be looking to convert into an investment property. While I look & wait fo...
Rachel Trimble
BRRRR When the Rehab Cost is more than Purchase of Property
Hi all,I'm evaluating a property in San Antonio right now and am hoping someone has some advice for me. The asking price is $50k, but based on calculation, I could only pay up to $40k. The repair estimation is $65k. ...
Sam Giberti
FHA Loan v Partnering on a Conventional Loan (House Hacking)
Hey BP, it has been a little while since posting on the forms, anyway its late so I'll keep it short and sweet. In 2 years or less I will be putting a DP on a duplex, triplex, or quadplex and more than likely be livin...
Account Closed
25/yrs old 4 plex first deal. Please help analyze.
Hello bigger pockets 😀This is my first multi family purchase. I am 25 years old and have experience in construction. I am a electrician and my brother is a electrician and a plumber. It's is in a area that in borderli...
Luis Rodriguez
Buying a 2 family in NYC with a low down payment
So my wife & I were looking to move to Long Island because we thought anything in NYC where we wanted to live was too expensive for us. We ended up finding a 2 family property where the numbers work. We have great...