Christopher Freeman
Which loan option would you take?
I have a 6 unit apartment building under contract for $425,000. $50k down, $56,250 from a seller carryback, and $318,750 from a commercial first mortgage.
The carryback is amortized for 240 months but has a balloon a...
Jay Mani
newbie - how to evaluate this?
Looking to buy rental property. Here are the specs.
Condo in Fremont, CA
List price - 450K
HOA - 300
Expected Rent - 2000
Initial expense - new carpets, paint
Financing possible ...
Wade Garrett
Fannie Mae Rates for Multifamily??
I am in contract on a fourplex and have four conventional rate quotes that are varying drastically. Background: It will be an owner occupied fourplex, 30 yr fixed rate with 20% down. $400k purchase price. Two brick an...
Caleb Folse
New to Bigger Pockets
I'm new to this forum (and Biller Pockets) but not new to renting properties. I've never had more than 1 at a time but haven't really leaned in to make it a primary business for a way to eventually replace my current ...
Jackie P.
Tax Implications of Flip and Option Cancellation
1) Investor 1 takes over a house subject to a 65K balance and 3K back payments. Deed executed between seller and Investor 1.
2) Investor 2 puts a 1K option on the house with Investor 1 at a purchase price of 75K.
...
Munish Ashat
Need Help with New Duplex Contruction Deal Analysis
Hello BP community!I am looking into building a duplex and need some insight on this deal. The builder is my neighbor and owns a piece of land in our subdivision. The land is 0.3 acre, and duplex will be 2000 sq ft an...
Nathan Dujanovic
First flip in NE Ohio - Cash or Finance?
I am looking at purchasing a foreclosed home in cash for 73k with 20-30k in expenses including renos with ARV of 125k. I have a great realtor who knows the market and is confident in the ARV. I have walked through the...
H. Jack Miller
Seller Financing Resources Guide
We are putting together a Seller
Financing Resources Guide, I wanted to get feedback to see what kinds of information you think would be helpful. We want to put in it as much information as we can that a seller would...
Tim Greenfield
Sell all 4 properties at once or 1 at a time?
I searched for this topic and could not find anything, so apologies if this has already been covered. I have 4 cash flowing properties in Cleveland. I have properties in 3 other states and I am looking to consolidate/...
Allie Robertson
Looking to connect with investors in Rome GA
I haven’t seen Rome, GA pop up on here a lot but have looked at some properties there and at first glance seems like a no brainer. I’m very familiar with the Rome area, but I own a multifamily property near Nashville ...