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Hello all! I am new to investing and new to biggerpockets. I'm interested in getting started flipping houses in Northern California.
I've taken the first step and talked to some hard money lenders. One of the ones I ...
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Multifamily Investing Opinion:
Self-Management vs 3rd Party Management?
Most operators look to do 3rd party property management especially in the beginning stages as they begin to acquire more assets in a given mark...
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Currently have 8 units over two buildings and looking at a bigger acquisition. I found a great 36 unit complex spread over 3 buildings, great shape. Ideal price to acquire would be 1.7m, net profit of $156,000 per yea...
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Hey friends. I have sourced 3-4 private lenders (family and friends) who are willing to assist with property acquisition via private loans. This would not be for the whole price of the property, so I'm still utilizing...
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Somewhat new to the financial side of REI. On my second flip. Purchased cash for $54,000 on 12/16/13. Rehabbed about $20,000. Home is currently worth about $130,000. Renters moved in on June 1st. I need to get ...
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If one is not familiar with an area, what reference guides would you recommend to get accurate rental rates, besides a local realtor. Anything on-line?
Thank you!
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Hello my BP colleagues I will like to know what your thought are on this one?I met this Hard Money guy at a REI meet up and He mentioned this product that quickly cough my attention.A Hard Money LOC (Line Of Credit) b...
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I have a great opportunity for an investment property (small cabin/single family home) in a booming short term rental market in Upstate NY for US$119,000. I had hoped to get a conventional loan and put 20% down but l...
Hi all,
Please help me analyze this deal for a condo.
Asking Price: $43,000
Offer Price: $40,000
Down Payment: $8,000
Rent: $900 per month
Monthly payment with mortgage, insurance, HOA. ...
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Hello All, my wife and I have 6 doors in Denver. We have a bunch of equity and have reached our DTI limit. Therefore a HELOC and cash out refi will not work. We would like to use the equity for a down payment and a...