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Results (134)
Account Closed Need advice on first multi-family home purchase
17 October 2012 | 13 replies

I have bought several SFH in the past. Alwasy hesitant to buy MFH because of unknown. Just run across a seeming good deal. But not sure how much to pay? It is a bank forclosed quadplex with all 4 units vacant. The qua...

Tamara Taylor 203k nightmare - The work isn't done and we're over budget
10 October 2016 | 18 replies

Hello everyone,I was very happy to buy my first REO at the end of 2015. The plan was to rehab the house, live in it for a while, sell in 1 - 2 years, make a profit and buy another investment property. Mistake #1 - I h...

Danny Carter EXIT STRATEGY HELP!
7 July 2016 | 19 replies

Hello BP! I'm in need of exit strategy assistance for a potential flip I'm eyeing. I'm newly self-employed so from my understanding a traditional mortgage could be out of the question for 2 years. Does anyone know of ...

Garrett Brunell Pregnant Applicant - Does she meet the income requirement?
12 June 2024 | 16 replies

A recent pregnant women applied to rent a townhome of mine for a year lease. She meets the income requirement of 3x the monthly rent, however when she goes on maternity leave, I am not sure that she will. Can I legall...

Mitch Balgobin Commercial loan/ refinancing my multi family
17 June 2020 | 9 replies

Hello everyone: I have been approached by my management company to look into refinancing my (2) 3 family units located in the Bronx Here is part of the proposal agreement. Please give my your thoughts. I am have no ex...

Ratesh D. Multiple Single Family 1031 exchange
12 July 2018 | 16 replies

Hi, I have several Single Family homes that I am thinking about selling and buying a multifamily. I want to avoid any taxes on the sale and have read about 1031's which make sense for selling a single property for ano...

Daniel Miller This one will be a bit of a challenge
19 October 2012 | 20 replies

Okay, I've gotten an application from another family. I don't have their financials yet (for some reason, though she emailed to application to me, she snail-mailed the other docs!?!?). I also haven't run credit chec...

Eric C. Avoid Working with Leslia Pappas of Archer Investors - Complete Review
18 February 2025 | 4 replies

I would avoid working with Leslie Pappas / Archer Investors at all costs. If you are inclined to go down the DST route, I would highly recommend going with a RIA who can help save you on fees and provide true due dil...

David Taylor What happens if regulations change in your market?
5 October 2021 | 25 replies

As my wife and I research options for our first short-term vacation rental property, we are looking very closely into local regulations in each of the markets/destinations we are interested in. What happens if you hav...