6 plex (all efficiency/one bedrooms)
Asking: 190K 
Financing: Owner, 20%down, 30 year amortization with 15 year balloon (interest is still being negotiated)
Gross rents: $2870/mo. (Slightly under market) 
Down pay...

Looking for neutral perspective on this possible deal.  Property in A neighborhood in SW Florida with foreclosure judgement of $125k.  Set to go to auction 7/18 but from what I understand it can be sold so,long as jud...

I live across the street from a house with unauthorized tenants in it.  Long story very short - they're destroying the property and neighborhood, and the landlord cannot get them out.  He's dealing with real estate at...

Hi all, would love to crowdsource some opinions on making a decision here. 
Our situation: Purchased a rental property (condo) ~2.5 years ago. Lived there briefly, but not long enough to use home/primary exemption f...

When our tenants vacated our rental property the damages totaled $10k. After sending them an itemized list of the damages, receipts, and estimates from local contractors, we received a response via their attorney stat...

Hi BP,I am planning to apply for a commercial line of credit with a local bank but I can't make my mind on how much to ask for and how to present my case. My goal is to expand access to funds at a sub 10% interest rat...

Hi Everyone,My wife and myself are looking to buy our first investment property anywhere in the Bay Area or Sacramento area. We are open to even investing out of state.We are looking to buy a property that can at leas...

Hi all,I made an offer on a property and the sellers agent just informed me that when the garage/storage unit was converted to a 2 bed one bath apartment the owner never pulled a city permit on the construction/ renov...

What general rule of thumb do you follow on a square footage multiplier when you are calculating rehab cost for a potential flip? what are flippers and contractors in the Triangle area doing to find these numbers? i h...

What are the ways in which a deal can be structured to be beneficial for both parties in the following situation:I am interested in and have the capability to find a small multifamily (2-4 units) property in Georgia t...