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Hi,I am on the road to investing in my first multi-family property. I am going to use the house-hacking route and purchase with an FHA loan and live in one of the units. My questions are:1. Can I purchase the property...
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Hello,My wife and I have saved up about $70,000 for the explicit purpose of investing in some local real estate. We want to buy and hold, but that strategy can be adjusted should we find a more efficient means of inv...
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Hi, we own a condo in an upper middle class suburb of NYC and we are trying to decide if we should sell it or rent it out. We're around 40 y/o with 2 young kids and have lived here for the past 5 years. The building a...
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I'm a new investor. I'm in the middle of my first deal. As it currently sits, it's a vacant three unit bulding. It's currently 3 x 1bed/1bath units. I intend to convert these into two bedroom units, and add a ...
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Hello BP!Im a newbie in real estate in every sense of the word, My agent offered me a deal to rehab a multi family property upstate New York. How do i know if Im overpaying ( i cant find similar comps)? Mainly, how do...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $60,000
Cash invested: $60,000
3/1.5 single family home in the Cleveland area. Newly rehabbed, purchased turnkey
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Investment Info:Single-family residence other investment.
Purchase price: $102,300 Cash invested: $1Subject to existing financing deal. $0 of my own money invested. The seller was behind 4 months on his mortga...
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Hey BPers!I am in a pinch and need YOUR help. For a quick intro, I am new to real estate. My father and I own two properties - via inheritance - one in Washington and one in Arizona. For both places, I was able to suc...
Hello BPers! I've been a long time reader of the forums, and am finally nearing in on my first deal (hopefully), and was looking to get some advice on a few lingering questions. I'm looking at a property to split with...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $610,000
Cash invested: $60,000
Sale price: $860,000
I originally purchased this house to by home. However, wor...