Doug Emerson
Buying with Seller Finance... do you accept lower profits?
A local landlord that I've known for a while, finally wants to sell a 12 unit building that's in pretty good shape and fully occupied. I haven't started the due diligence yet but I wanted to get feedback so see if it...
Jun Zao
Prospective property in lower end neighborhood for rookie investo
After some browsing on Redfin I discovered that it is true that properties in lower-end neighborhoods generate more cash flow.I've looked at many properties located in Chicago's 2 worst crime ridden neighborhoods.For ...
Mel Rivera
NYC - Lower East Side, last good section of Manhattan ??
HI All, New to the forum but I'm hoping to get some more timely insight into the NYC market in the wake of this election. I've been considering a seasonal work space/investment property in New York for some time (cur...
Ryan Anderson
Higher Maximum Credit Limit Vs. Lower Margins on HELOCS
Hi Bigger Pockets Community,I've started the application process to open a HELOC on my primary residence with a couple of financial institutions to see what I can qualify for, and I'd love to get a little feedback fro...
Tonga Nfor
Are expenses lower for multifamily or single family rentals?
I have mostly invested in small multifamily residential buildings 5-20 units. Typically used 45-55% of rental income as expenses (mortgage) when doing my quick & dirty math.I’m now considering single family & ...
Thas Himal
In contract with property - proceeding after 16% lower appraisal
This is my second investment property- $75K purchase price (1.5k seller credit) in the 63136 zip code. 20% down. Appraisal came in at $63k and approx $5k in repairs to make rent-ready. Will cashflow ~200 a month. Anyb...
Lynn Harrison
ideas financing small loan $25K lower interest, primary home?
Hi, I seem to be in a tricky place. I'm looking to buy a fixer home. I plan on selling my present home and have several potential buyers and I inherited a decent amount of cash in a sort of trust to make a long story ...
Clarence Bell
Looking for General Contractor in Lower Hudson Valley, NY
Hello Everyone, Happy New Year! I'm looking for a general contractor in the lower Hudson Valley, NY (Middletown/ Poughkeepsie). If you can refer one to me that would be awesome. Also I'm interested in networking with ...
Ben Leybovich
Lowering Expenses Is Not an Efficient Value Add Strategy
Say you’ve bought a 24-unit apartment building that generates $24,000/month in revenue ($1,000 per unit). This is a value-add, and you think you can improve the rents from $1,000 to $1,400, which would equal to revenu...
Jose Gonzalez
Can you check qualification of loan without lowering score?
Hello BP,I have been working on my credit for a while now and finally got a good score. I want to see where I stand when talking about qualifying for a loan. I inquired at a local bank and also quicken loans and they ...