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I would like to learn more about the use of an IRA for the purchase of buy and hold properties. Are these properties held in an LLC that your own or in your personal name? Can you use these funds for any property, whe...
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Ive spent countless hours looking and doing a quick analysis on atleast 100 properties on Zillow all over the USA (Mainly 4-plex's) and they are all negative cashflow with a mortgage, sometimes negative with 20% down,...
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Hello fellow investors, I am considering buying a large multifamily which has knob & tube wiring throughout and trying to figure out how much it would cost to update it. If you have ANY experience with this, pleas...
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I'm trying to decide within the next day or so if I should repair or replace the hvac in my rental. Here's all the details...-Townhome, 2 bed 2.5 bath 1600 sq ft. There are 2 HVAC units, one for upstairs and one for d...
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Does any bank here do this? I’ve sat down with half a dozen+ smaller banks in Louisville and not one has indicated that they could do a 30 year am in any capacity if the property was anything other than a single famil...
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Hi everyone!
I live in California, and have been listening to the podcasts and absorbing every bit of education I can for the past few months and finally pulled the trigger last night and made an offer on a triplex i...
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As the title says, I would like to purchase a few (or a couple of larger) multifamily properties to cash-flow at least $10K per month (ideally $12K/mo.).The criteria are mainly:-B-class properties/locations (i.e. no "...
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Hi Everyone! I'm new to the real estate investing game and am wanting to purchase my first multifamily property in Chicago in the next 6 months. I'm planning on taking out an FHA loan to take advantage of 3.5% down an...
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BP investors,I have one 4 plex in this part of town, 66102, and I am looking at a SFR in 66101. The community is mostly minorities. This particular section that I am looking at a SFR in is more Hispanic. But there are...
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Hi BP community,I am an aspiring real estate investor yet to make my first investment and I wanted to get some thoughts on the two investments I am currently considering. If my logic is terribly flawed please forgive...