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Hello All,
My wife and I are looking at two 3 unit buildings that are being sold as a package or they can bought indvidually. I have been doing a lot of reading and using the spreadsheets I found on this site to prod...
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I try to avoid political discussions, as they never lead anywhere good in the business world - but this one strikes at the very heart of REI. Former "Sex and the City" actress, Cynthia Nixon is running for Governor o...
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Hello everyone my name is Jake Davies. I am 21 years old and am going to purchase my first home in this upcoming year or less. My wife and I have both agreed that purchasing a 4-plex would work great for us. We have o...
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My plan is to buy 4 4 plexes over the next 4 years. Im living in my first one currently. In my area they sell for 700-900k. So after 4 years I’ll be 3-4mil in debt to the bank.I’m a avid listener to Dave Ramsey, I bel...
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So I posted a while back about renting out my home with negative cashflow, and potential for a much higher equity gain YoY. I got quite a few responses, with most leaning towards the idea that negative cashflow is nev...
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Ok BP community, I'm 26 years old, and I recently inherited some money $350,000 to be exact. I'm in school for Finance. I have no income and a credit score of 720. little credit history. I live in NYC (with mom) so th...
Hey everyone!
I'm jumping into the world of multifamily investing and getting overwhelmed with all the analysis involved. I'm browsing online listings and want to understand how to dissect these deals before diving ...
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Hello! This could help newcomers and I am one also, 5 months in. newbie. BP has been great for me :)An update here on the Morning Side duplexes we bought in Detroit. Bought Feb 21. Signed with PM March 21st. 3 out of ...
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How are you guys able to make deals cash flow with new rates (assuming traditional bank financing)?For example, a retaltively cheap house in the Houston market is listed at $250K. Assuming 6.73% rate, 20% down, 30 yea...