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I'm looking at a duplex in a college town. The unit was built in 1962 and has two 1BR/1BA units about 600 sq feet each that show their age. If I took the duplex up to the prevailing new/fancy standard for rehabs in to...
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Hey guys, I recently created an LLC to invest in real estate. I have been interest in real estate for years, but finally have the capital and partners to move forward. I am interested in all aspects, but would like to...
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Hello BP
I took a look at this propery last week, asking price from the bank is 24.9K. It looks to me like it could have been a single family at one time, turned into a 3 unit. There are 3 electric meters on the side...
hi - i purchased an investment prop with cash - can anyone advise what forms i need to produce for tax returns? i paid off a credit union loan in the name of the seller, i also did a major refurb on the property, woul...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $23,500
Cash invested: $10,000
Duplex purchased with an unfinished 2nd unit. Property purchased with owne...
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Hi my name is Les. I've always had an interest in real estate since 2002 when I used to work as a real estate agent in NYC (renting out apts in Manhattan). Then, I took a break from real estate and was working at a he...
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Is a conventional rehab loan a good option? How can I find out if the property cash flows good or will be worth it if I wont know the value of the rehab hence the total amount of the loan until the lender sends inspec...
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I'm pretty new to REI but my question is, after wholesaling a couple of deals, how much should I have saved up in the bank to purchase my first rental?
I've already done a little research on rental properties and I'...
Hi BiggerPockets Community, I am a beginner in Real Estate Investing. I love the idea and potential of being financially free through Real Estate. I am also getting a little tired of Corporate America.My wife, Catheri...
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We have an opportunity to acquire a single-family property from my family and are going to pitch seller financing. This will allow us to rent our current home in a hot market. Hope is to pitch a lease-option and be wr...