I am a university student from Australia who is looking to buy a multifamily property in the Ohio, Pennsylvania, Upstate New York region within the next few months. I originally was going to do a development here in A...
My husband and I purchased our 3rd sf rental in April with the intent of renting it as shared clean and sober house. It is outfitted to serve 6 women. Currently we have 1 month to month tenant. We have received an off...
Any lenders offering HELOC's on investment properties? Are any of these options a fixed rate? Any lenders offering interest only loans?Any lenders offering 5% down payment for a hard money loan on the right property?
I have a question. If a buyer is offered a 2-1 buydown (starting at 5.25%, increasing to 6.25% and then to 7.25%) with all closing costs covered except for $3,000 (to be paid by the buyer) on new construction through ...
We are looking at a small multi in Austin, TX (centrally located), and the cap rate based on the asking price seems ridiculous (basically, the place seems overpriced by a factor of 2 based on what I think a reasonable...
Hi, my name is Jacqueline. I am a 13 year veteran of the NYPD. Back in 2006 at the height of the market I purchased a 5 unit house in Brooklyn. It went well for a few months until the sewer went and I had to dip into ...
I have a lender who is telling me that I need to use $25k of my own cash to purchase another property while I have a duplex in an LLC that has over $129,000 in equity. Does this make sense to anyone? I asked them to...
I'm trying to put together my first deal, and the of the numbers i'm having a hard time coming up with is the vacancy rate % for my area. Any suggestions?
Hello Bigger Pocketers!I have been searching for my next investment and decided to move away from the Arizona and Texas markets for now. I am going to be focussing on a cash-on-cash return more than a CAP rate for my ...
Hello Guys, I'm new to BP. I am thinking about taking out HELOC on my primary home to pay off my primary mortgage faster (I will be doing mortgage recast at the same time to lower my monthly payment). Please advise me...