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Hello bigger pockets, I have come across a multi-family unit 6-plex. The property has been in the family for a long time and was given to the son after the father died. The son has been handling the property but has d...
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This article is from an interview we did to address which factors can impact a buyer’s mortgage terms.
- Can you outline what factors of a buyer’s financial profile can influence their mortgage terms?
Almost every...
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A bit of history: My wife and I purchased a failing furniture store from a retiring couple 3 years ago. Year 1: lost $80k took no salaryYear 2: lost $30k took $5k salaryYear 3: Break even took $80k salary... and that'...
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Good Afternoon BP, First of all thank you for all of the knowledge and information you guys post. With that being said, I am buying my first property in Baltimore, MD. I lived there for two years but due to work i am ...
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Hey BP,I am analyzing on surface level for my first deal which I am looking into MFH. I found this ideal ideal 4plex that was on market for 650k. I think this was a tad expensive, changing websites to zillow showed an...
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Hi all, so this may be a bit unorthodox but I am hoping to hear from people who tried wholesaling and lease options and did not succeed. I have been doing quite a bit of research and there are tons of success stories,...
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I've been driving for dollars, writing down the addresses of distressed properties - the ones that stick out like a sore thumb within a neighborhood of nice/really nice houses.
I get home and look them each up on zil...
Hello All! First post here, so hope this isn't a dumb question lol. I am trying to get in some practice analyzing properties, and I was wondering if there is a good way to get a fairly accurate estimate of insurance...
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My wife and I have a house in La Puente, California. We recently had it appraised for $475. This price, I'm told, includes factors such as it's current condition. (Zillow's Zestimate is $569k, but I have no idea how a...
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Just testing my numbers and what an offer should look like. Any feedback/input is appreciated!! (Keep in mind this is just a made up deal)Asking price: $700,000 for 10 unitsArea has 9% cap rateMonthly rent is $675/mon...