Help me analyze this deal and make sure I’m not missing something.Backstory: I’m currently purchasing two duplexes from this same investor via owner finance. Currently 3 years into the deal without a hiccup or any iss...
Hi,
i have a duplex property in south LA.
purchased it for 275k now worth about 750k and I owe 525k in loan due to cashout refi that I used it for a downpayment for my other investment property.
Due to this cashout...
Hello all, I am in the middle of my first 1031 exchange. My investor and I owned the sold property 50/50 and now I am buying the next property on my own. The property I like is a $1.1MM duplex with under market rents ...
Hi everyone from BP,Here is the description of the house:Bungalow235k, I will need to assume his mortgage (219k)13 rooms (I can add maybe 2-4 rooms)42k revenue (I can boost it to 46-50k)This house has all the permit a...
Hello BP community!I have read many articles and have even noticed as an agent the slowdown in rentals these past few months. I have very solid tenants and I always increase rents in my properties. Granted, I am very ...
Hi, everyone. I got a mailer recently from a company (that I don't want to be accused of promoting) which offers to give you an equity loan with zero percent interest and no monthly payments. I was dubious to say the ...
So I have been reading up on this whole BRRR method of investing, and hearing Brandon talk about it on podcasts. Say you do everything correctly and approach a refi. Do you at that point need to have a down payment to...
I have many questions about this topic. If you can answer any of them that would be great! (I'm looking into following the million in net worth plan from the book)
When buying a property for a low value ex: a duplex ...
Ok so we are looking at a property where the current rent being charged is $325 per month. The going average for the area is $500-$550. Without using a property manager, purchase the property we would want to raise ...
I had a couple questions about Househacking with an FHA loan. 1.Would a fourplex be an good FHA househack? 2. If I put 3.5% down on a house that costs $300,000 (meaning I put ~$10,500 down) wouldn’t I be benefiting fr...