Hello BP,My name is Robbie and I am a new "investor" in Charleston, SC. I work full time on top of "real estate investing." I am a military pilot stationed in Charleston. I just closed on my first deal last Tuesday! I...

The main reason for seller financing on multi-units is to bring the less than 20% to the table.

However, the problem is when refinancing in 1-2 years time banks will look at the original contract and value th...

Hey everyone,I just wanted to introduce myself. My name is Drew Lied and I recently joined Bigger Pockets. I'm excited to start investing in real estate. Right now, I'm prospecting areas around the US (currently livin...

Hi All!I'm just getting my feet wet in the real estate investing space, and am hoping to get some advice from you all on my first deal. The only experience I have in purchasing a home, is my main home I purchased a fe...

Hey All- I'm currently talking with a lender at a large multi-national bank regarding resi properties (2-5 units) and his covenant seems a bit high. As I will be purchasing property through an LLC, the lender stated t...

I have a SD-IRA and looking to deploy $180k into a real estate play. I plan to start withdrawing in next 20 years. i likely will not be getting financing as it would be a nonrecourse loan at roughly 9% and 30-40% down...

I'm curious as to any creative ideas, but also any "watch out" type feedback for a property that will be for sale in the upcoming months. The overview : 1) Location is in a small town (under 10,000) on the border to B...

8 Units
C class
Purchase price 207k
Rents range from 425/mo to 525/mo
Market rent 525/mo
NOI $26,186
Pre tax cash flow $13,186

Good deal??

Thanks

Let me know if you need more details.

The fourplex that I am looking at does not have electrical conditioning system, but instead evaporative coolers on all 4 units.I have not experience with this cooling system.Is it possible to bring the temperature bel...

Hello BP Community!

I found a duplex that I think is a stellar deal. I don’t have a down payment but really want to jump on it. I know a conventional mortgage is likely going to look for a 20% down payment. I do not...