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What’s everyone take on the BRRRRR method? I think it’s a fantastic idea but I’m beginning to hear more and more investors against it. Shouldn’t be leaving money in your property. 75% LTV or even 80% isn’t enough. Los...
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I want to know what your barriers are. What's stopping you from buying an investment property? -Time-Money-Knowledge-Coach/Mentor-Fear
In 2023, I invested in some Norada Capital Management 7 year Promissory Notes and last week less than one year after signing the last note, I receive a "form" email addressed to "Valued Investor", dated June 20th, 202...
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Hello BP Members! I write a regular column for BiggerPockets Wealth Magazine on people's "Biggest Mistakes" in real estate. Do you have a "mistake" story and lessons you learned from it? I'd love to hear it! (Thanks t...
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Hey all, I am relatively new to the group. I am very impressed with the experienced professionals here and am glad that I stumbled upon this site. I am a seasoned real estate attorney and enjoy not only practicing la...
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Recently went under contract with a 3BR 1BA house in a nice neighborhood. It is the worst on the block. Under contract for 20% below market. I made requests to the seller under our DD period and they flat out refused ...
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What types of loans are available for a property of this type? DSCR? Other traditional CRE?Thank youMark Walker
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I've been researching for awhile now, but I'm still lost on exactly how to find properties that will yield a good return for buy&hold/rental situations
Feedback appreciated!
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $450,000
Cash invested: $30,000
a noncontiguous 4 unit comprised of a single family house, s duplex, and a s...
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So I bought a house in Michigan to flip and the front porch was broken and up on cinderblocks, the whole thing needed to come down and be rebuilt. I thought no big deal, factored in about $1000 in labor and materials....