Marc M.
Advice on creative financing / mortgage refi within 2 - 3 years
Hello,
I'm looking at a group of 4 SFR's that have been on the market for over a year for $600K. The seller inherited these properties from a family member who passed away and he is motivated to cash out. We discusse...
Erin P.
Brand New in Salt Lake City (but relocating in early 2018)
Hi there! I've been lurking on the BP website for about a month now and am really excited about the possibilities of REI. Here's a little about me: I'm 49, and starting to feel real stress about retirement, and whethe...
Ric Mittleider
Rental Property Return Rate
As a general Discussion, What do you consider to be a realistic expectation for Cap Rate in the area? Or if you use a different ROI calculation what is it and what rate do you expect to get? I see a lot of 6-7% out ...
Jenny Jones
New to group. Trying to learn and understand financial options
Trying to learn about hard money ,and private investors in buying new properties! We currently own 8 addresses we rent. One being a double, and one being a triplex. We owe no more than 35/40 on each.I love owning a...
Michael Vallee
2 - 4plexes sold together - Residential Or Commercial
Looking at a property being offered as an "8plex" -2 4plexes on 2 separate lots in same listing.
As far as financing and valuation does this fall under the rules for residential or commercial?
If yes, okay.
If not,...
Alex Montoya
Deal Analysis in Minneapolis Suburb
Good Morning BiggerPockets community,I got referred to a seller who would like to sell his duplex Contract for deed to help mitigate taxes. I need help figuring out if this is a deal worthwhile and if I should financ...
Andre Young
Need help with living/home decision
Hello, my name is Andre Young. My fiance and I are selling our house. We bought it for 72000 5 years ago and can get 150000 for it. We have fallen behind on our mortgage and both our cars. My fiance got injured back i...
Carole G.
Cashflow per door on larger apartment buildings
I have read that you should expect $200/door on apartment buildings. Does that number change with the size of the apartment building? Do you expect less as the apartment complex gets bigger because you make more wit...
Sam McHargue
How would I afford a $600k property on an e-4 salary?
Hi,I plan on join the military soon, and due to the mos I’m choosing i will probably be in san diego. My question is how do I get funding for rental properties when I make so little. I would like to buy a fourplex, an...
Jim Macedon
How Much Debt is Too Much... Or Not Enough?
I'm pondering my next move. I just took on a lot of debt. On the other hand, I have some equity I could access. Not sure whether to:A. Reduce debt.B. Stand pat on debt and wait to build up another down payment.C. A...