Chris McMann
Numbers Check for potential purchase
Hello,
I am new in the multiplex rental market and would like to bounce some numbers off of the people who actually know what they are doing. I am looking at purchasing a duplex that has a 3/2 and a 2/2 unit. Asking ...
Jennifer Angulo
Down payment on $84,000 home??
I found a beautiful REO home w/ a pool going for $84,000 that needs some fixing up. I want it! (Credit score is in the 600s.) How much should I expect to pay for a down payment if I'm able to obtain a loan?? ((1st tim...
Matt Maluchnik
CapEx Projections Question
I grabbed these numbers from 'The Millionaire Real Estate Investor' book. I've been adjusting the LifeSpan based on the situation. For example, If the roof was put on 10 years ago, I would change from 25 to 15...ect...
Account Closed
Assessing Commercial multi-unit properties
Can someone explain this to me. I feel like I’m getting something foundationally wrong.
From my understanding, a properties value is NOI/cap rate. Is this correct?
What I’m not understanding is, it seems like the hi...
Nick Morgan
House hacking a property with very low cash flow after leaving
I like the neighborhood I live in, and dislike renting. Owner/occupying ("house hacking") a duplex seemed appealing, until I started doing the math:
$400,000 mortgage$1,500 rent per unit$1,370 mortgage payment (with ...
John Poling
Tenant verification check
Looking for an easier tenant verification site. The one that I have been using is too complex for my applicants. I'm using tenant verification. Com I pay the fee and send it to the applicants email. They fill out the ...
Erandi Lechuga
Investing in billboards
In the process of cash out re-fi'ing my primary residence and will need to invest the money since I won't be able to open a new loan until 6-12 months after the closing date (if i understood correctly).Thoughts on inv...
Peter Hoon
Investing in Acworth, GA
Hi BP members!I am looking for some advice around investing in the Acworth neighborhood. Already own a property in the uptown neighborhood in atlanta that has been working well for me.Came across a deal for a townhome...
Joshua Dorkin
Improve Your Networking Opportunities: Complete your Profile
To start this forum off I thought it was important to ask people to fill in their profiles as completely as possible. By sharing information with the rest of the community, you increase the opportunities for yourself...
Account Closed
Larger Apartment buildings Vs 4plexes/duplexes.
I have been researching like crazy for the possibility of investing in larger apartment buildings but seem to analyze myself back to smaller multi units and duplexes every time. The loans are better and easier for th...