10 unit, 1bd/1bath studios.
Rents @600 each.
Asking 150k but the caveat is the owner pays all utilities.
What are your thoughts on this scenario for a first deal?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/488048/small_1621478916-avatar-quinterrius.jpg?twic=v1/output=image&v=2)
Hello, I was wonder if someone could answer this question for me. Is it a good idea to work with a realtor on a wholesale deal? And what I mean by that is if a realtor is representing a property such as a foreclosure,...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/141384/small_1694556709-avatar-olguy.jpg?twic=v1/output=image&v=2)
Called a bank today and they are seeking 5.25% with $4,500 closing costs for a 90k loan on a rental with fewer than four units.Both the rate and the closing costs seem high.
What are others seeing these days?
Thank...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1323811/small_1621511329-avatar-amandad75.jpg?twic=v1/output=image&v=2)
I own a B- , or even C class apt complex. Our rents are the lowest and most affordable in our area. The common area is currently not landscaped. It's just a bunch of weeds. I planted 5 trees.....but my question is, sh...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2358467/small_1696551924-avatar-chrisl828.jpg?twic=v1/output=image&v=2)
In Michigan, the location i'm looking at has mostly houses from 1920s to 1950s for my price range, at least so far in current market.My realtor has mentioned about the asbesto Sidings which i didn't know about before....
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/389761/small_1694840648-avatar-samg35.jpg?twic=v1/output=image&v=2)
Hello,I'm in a small dilemma and not sure what to do, so I thought I'd reach out to the BP landlords. Newly purchased property has a small coin laundry room that's shared between 3 units. I assumed the gas was being p...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/476805/small_1621478390-avatar-benw31.jpg?twic=v1/output=image&v=2)
Hey everyone, I'm currently in the process of finding my first rental property. I figured once I found one it would be important to me to get a tenant in ASAP. along with that obviously comes with a few things so my q...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/220686/small_1621434186-avatar-jerrybatista1.jpg?twic=v1/output=image&v=2)
Hey guys! I'm an architectural designer looking to renovate aging homes here in Rhode Island. The plan, in short, is to convert these older homes into more of a functioning space where families can enjoy their privacy...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/74701/small_1621414971-avatar-bd.jpg?twic=v1/output=image&v=2)
I listed a flip at 250k, and accepted an offer at 250k with 5k to buyer at closing with additional repairs that were requested post inspection. The appraisal came in at 243k and includes required repairs. I have not s...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1597230/small_1627436295-avatar-keniac.jpg?twic=v1/output=image&v=2)
Hi BP, My husband and I are currently under contract on a 4-unit property located in Miami, FL. We plan to house-hack this property (live in one of the units and rent the others for at least one year). We just finishe...