My investor bought a Mixed Use building in Chicago 2 years ago at a 6.7% Cap- Cap rates in area for strictly multi family are in the low 6'sWhat is the argument that the current Cap rate of 6.5-7.25% should be used on...
Mortgage rates declined to their lowest levels in over a year, a sample of more than a dozen industry professionals said they were quoting most borrowers in the high 5% to low 6% range on government loans and in the m...
Just had a couple of friends call me, they want to rent out a duplex so they would each have one side. Is this a good thing or a bad thing? I figure it will help with avoiding disputes between neighbors. Is there a do...
Hello everyone, my name is Clark and I am from Vancouver Washington. I found this wonderful site while researching Probate leads. I am a rehabber, being doing it since 1997. I started in 97 door knocking pre-foreclosu...
I'm fairly new in real estate, and understand the importance of knowing my local market, and I hear a lot in the podcast about the an impending recession. Does anyone have a good free source for learning about the cha...
What is the best way to wholesale deals direct from MLS.
Hello, I am going into my third year of college and will be graduating in May 2024. I recently found Bigger Pockets and learned about how life-changing real estate has been for so many people! I have spent the past se...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $53,000
Cash invested: $53,000
Keller Wiliams Monzo Group
#1 Team in Michigan for actual homes sold!
Wall Street J...
This is assuming interest will continue to rise. For me, my long term goal is to own doubles in my A neighborhood, that currently are 150K +. And 5% + interest starts to really cut into the profits. I'm not real exci...
How scary is it to have an adjustable rate? Could it shoot up to 15% interest like back in the past? I'm getting a 100% financed sba loan for an office building, and their rate is adjustable. There are hefty early pay...