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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $156,500
Cash invested: $8,500
2 bedroom 1 bath about 800 square feet each side.
What made you int...
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Hi everyone, So I had an accepted bid on a foreclosure. ( Freddie Mac) ITs an all-cash deal and they gave us 30 days to close. A bit rushed but ok. They then took 16 days to get a contract to us. Naturally, my Att...
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I am considering buying a home from a tax auction, however I need an ideas to finance it, (just used va loan last month to close), and what things do I need to know purchasing homes like this?
I just graduated highschool I have little cash maybe enough to renovate a house. I want to start off with something multi-family if I can get a private lender. Im not employed by anyone now looking for a job also to h...
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I have a 2 acre lot under contract and I'm wondering if yall can share some of the pitfalls or things that I may be missing. The lot is located in an area where the lots have already been subdivided and cleared. The...
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I am new to real estate and would greatly appreciate any advice given. Hopefully these pictures I am adding will give you all some insight to the deal. The first facility I have a P&L sheet and also the number of...
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Hey BP,
Just wondering if someone has any experience in purchasing houses that are on a reverse mortgage. I have done a couple of short sales but basically handed the lead over to another team to take care of the ...
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Hello BP,
I am new to investing and currently looking into purchasing my first rental property, four units. I am not sure what the first step should be. I plan to call and have the property inspected to see if there ...
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I have a tentative offer to pick up a property owner financed with a balloon due at the end of two years. After doing the numbers, including 10% for vacancy and 20% for repairs/maintenance, I forecast an cashflow o...
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Looking to put an offer in an a condo unit. I have never purchased a condo and looking for some BP advice!
Purchase price $138,000
4 bedroom 3 bath, completely redone ( granite counter, bamboo wood flo...