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Investing low income cities questions
Hey everyone!,
I am from CT here and have been looking around at some Bank REO's using this website. I have found a few that are priced really cheap like 15-40k for some multifamilies. The neighborhoods are rough as ...
Samuel Hailai
Bought in terrible area, regret of buying it, how do I get out.
Recently, I purchased a property in Rowlett, TX, with the intention of making it my primary residence. The house is a 3-bedroom, 2-bath property that I acquired for $210,000. My immediate plan is to use it as a house ...
Austin Spitzenberger
FHA 3.5% or Conventional 5%
Good morning BP friends. I am currently looking to use an owner occupied loan to purchase a small multifamily (two-four plex). I have qualified for both 3.5% FHA and 5% conventional. I am aware of the benefits of each...
Shaun Martin
$33 TRILLION Today's housing market value - How low will it go?
We were at an all-time high - investors in Denver had been talking peak fo the past 5 years. Cycles suggest we will drop soon. CO-VID has shot unemployment through the roof. Alot of service jobs - do these people own ...
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What type of Questions Should I ask for a 10 unit complex
The property in question, is listed for $350,000 and is generating an annual income of $62,160 with annual expenses at $34,350 which $6,000 of that is for property management. The property has been completely updated ...
Edwin De leon
If You Were A Distressed Home Seller What Would You Be Thinking Before You Go Online And After
When creating a website for distressed sellers and content... there are different types of distressed sellers, but one thing in common they want to sell fast..
If you were a distressed seller what would you be thinki...
Vijaianand Thirunageswaram
Quick Look back of 2020 & What to expect in 2021..
Hello BP Houston RE Investors,Happy New Year 2021!! It's been few months since I posted last. I want to do this beginning of year post like every year which helps to look back and plan for this year. Despite the insan...
Nicholas Litchfield
Single-family or Commercial?
Hello everyone!My wife and I are fairly new to investing in real estate. We currently operate a single STR and are looking to invest in a single-family multi-unit and/or commercial 6-12 unit property.If we have the op...
Peter Douglass
Need private lender or miracle. Any suggestions?
My situation is a giant catch 22. I borrowed a private loan to purchase my property almost 2 years ago, gutted it, fixed it up slowly, and was ready to refinance this Spring. Unfortunately during this time, I also max...
Micah Shelton
Sell one rental to pay revolving debts portfolio created? Or?
Snapshot of issue:
I have accumulated 5 small multi-families. 4 in Indiana, 1 in Portland, OR. Through that have had to heavily renovate one and two others with significant tenant turn over needs this past year. I ha...