Investment Info:
Small multi-family (2-4 units) buy & hold investment in Tempe.
Purchase price: $251,000
Cash invested: $20,000
Our little house hack. We bought a duplex and took about 8 months t...
Hi Bp Community,I am in need of some advice with a current deal I have in the works. The owner of this distressed DOUBLE LOT in a fantastic area and I have worked out negotiations and we have agreed upon a purchase pr...
Hello BP- there is a house in my area in Fort Worth that has been sitting on the market for about 60ish days and is in okay condition the ARV is 240-250k and they are asking 178k it needs probably 25-30k in work not i...
This is a real situation I'm facing right now, and one I'm sure many of you have navigated excellently. What would you say and do here?
Hey guys Im trying to buy a multi family property but it has 5 units. I have no interest in getting a commercial loan, any way I can a residential loan. There a two homes on the lot, one is a duplex the other a triple...
Here’s my situation. I have a seller who has 49k in tax liens, owes 22k on the mortgage and 12k of that is arrearages. The ARV is 85k-90k and it needs approximately 10k in repairs. What are some viable strategies to d...
Hello Everyone,I need some help on deciding what to do here. Recently, I bought a property from a California Tax Deed auction. I need to do a renovation that costs about 20K. I read that there is a 1 year period that ...
Hello all! I've been hoping that someone has a reasonable solution to this problem. The more properties, the more potential problems. Although appreciation is great, it's speculative so I prefer to focus on generati...
Hello - if this is the wrong forum, I apologize. I sent my daughter to UK Lexington this past summer. She is moving into TheLex in Lexington for sophomore year. The lease is outrageous, relative to what I can do he...
I am negotiating an offer in Puerto Rico, for a house that would not apply for fha/conv lending. I suggested a creative approach, assuming the current loan + the seller taking a note for the remaining amt.The agent cl...