Yesterday was an exciting day! I started a journey back in 2015 towards financial freedom with a goal of acquiring 50 units in 3 years time, and yesterday I was able to acquire a 19 unit value add apartment building i...
Hello,I have a contract with a builder that has the following clause and I am being told I need to pay 10% over the previously signed contract price due to increase in lumber price (which seems to have fallen 3X since...
Hello biggerpockets community, So here is my scenario We bought a house last year for 408k after hearing they had lowered the price because it needed some TLC. After buying this home last year , our Cul de sac is no...
My local market is small and I know it well, I have found a fourplex that I intend to purchase as my first investment property. I meet the debt to income requirements to qualify for financing from a local bank and the...
I am a licensed real estate agent in MO and KS as well as co-owner of an investment LLC with my husband. So far, we have only purchased properties on market and through a wholesaler, but have not done a direct deal ye...
I am currently located in a hot market right now (Nashville, TN), and there is a lot of new construction and development of large multifamily. Our business strategy is to find stable properties with value add compone...
Hello BPer’s, in my continuing effort to take actionable steps towards real estate investing I have started the 30 day analysis challenge (Analyze 30 properties in 30 days). Here are my basic parameters:Target Market...
Please take a look at current mortgage scenarios provided by mortgage banker.Plan: To start my REI career using BRRRR Strategy.Questions:1. Do you think IHDA will work good for my situation ?2. Will it be a good decis...
@Sam Grooms and I syndicate apartments in Phoenix. IN that I am sure you are hearing lots of different things from lots of different people, which can confuse and paralyze the mind, I thought a bit of concrete good ne...
Hello, BP community,
I am interested in learning about owner finance underwriting. Currently, I'm evaluating a property where the owner initiated a loan two years ago. My question is: How much equity should an owner ...