Hi All,I've been searching the NYC/NJ area for approx. a year now, analyzing different markets and trying to figure out the best areas to attack for my first RE investment (don't want to screw it up). At this point in...

We just closed on our second duplex!  I wanted to wait a little longer to build up our cash reserves a little bit but this deal popped up: duplex built in 1978, 2 beds/1bath each side, fully rented, 5 minutes from our...

I am looking at purchasing a 72 unit apartment REO in my area. The bank is currently offering 20% down, 300 basis over prime with a 6.75% floor on a 20 year amortization and a 5 year balloon. Apartment is currently 75...

Hi BP community! My husband and I are in the process of buying our first property, a residential 4bd, 1 ba house in the Catskills in NY. The 2,500 sqft house was purchased 2 years ago as a foreclosure for $140K and fl...

Investment Info:

Large multi-family (5+ units) buy & hold investment.

Purchase price: $368,000

This is the first investment property that I just closed today! It is a 5 unit apartment complex compris...

We're considering going through NACA for an owner-occupied multi-unit and want to know how advisable this is and if anyone has used NACA? I've heard from a realtor-friend that NACA is too cumbersome for a competiti...

I'm trying to figure out the monthly rent I can expect from a multi-family unit in a the North Highland Park neighborhood in Richmond VA, but i'm having trouble coming up with accurate figures. I can find information ...

Hello all!I am wondering about some of the specifics of 203k loans.  One thing I'd like to know in particular is this: Can a 203k loan be used to turn a distressed single family home into a multi-family property? (For...

Life has thrown me few curveballs so I'm just making sure my rationale is good here...I am currently under contract for an ~2000 sq ft (total) triplex that consists of a 1br/1ba separate unit (700 sq ft) and a duplex ...